Question: Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1.

 Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed
Expense For each of the following independent situations, calculate the amount(s) required.

Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 85,000 units and has fixed cost of $353,900. The variable cost per unit is $0.40. What prion does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $90 and has fixed cost of $359,000. Next year, Sooner expects to sell 12,900 units and make operating income at 171,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places. Variable cost per unit Contribution margin ratio % 3. Last year, Jasper Company earned operating income of $26,760 with a contribution margin ratio of 0.3. Actual revenue was $223,000. Calculate the total fixed cost Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.40. The fixed cost is $129,600 and 24,000 units are sold at break-even What is the price? What is the variabile cont per unit? The contribution margin per unit? Note: Do NOT round interim computations. Round answers to the nearest cent. Price When i 1. At the even point, Jefferson Company sells 85,000 units and has fixed cost of $353,900. The variable cost per unit is $0,40 What price does Jefferson there per un found to the nearest cent. 2. Sooner Industries charges a price of $90 and has fixed cost of $359,000. Next year, Sooner expects to sell 12,700 units and make operating income of $171,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent Enter the contribution margin ratio as a percentage, rounded to two decimal places. Variable cost per unit Contribution margin ratio % 3. Last year, Jasper Company earned operating income of $26,760 with a contribution margin ratio of 0.3. Actual revenue was $223,000. Calculate the total aed cont. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.40. The fixed cost is $129,600 and 24,000 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note: Do NOT round interim computations, Round answers to the nearest cent. Price Variable cost per unit Contribution margin per unit

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