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. Ar the break-even point, Jefferson Company sells 135,000 units and has faxed cost of 5345,500. The variable cost per unit is $0.35, what price does Jefferson charge per unit? Note: Round to the nearest cent. 2.91 2. Sooner Industries charges a price of $127 and has foed cost of $417,500 Next year, Sooner expects to sell 14,800 units and make operating income of 5193,000 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 567,000 X Contribution margin ratio 34.16 X 4 3. Last year, Jasper Company earned operating income of $14,400 with a contribution margin ratio of 0.15. Actual revenue was $240,000. Calculate the total fixed cost, Note: Round your answer to the nearest dollar, if required 21,600 4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $63,250 and 23,000 units are sold at break even, What is the price? What is the variable cose per unit? The contribution margin per unit? Note: Do NOT round interim computations. Round answers to the nearest cent. Price 12 x Variable cost per unit 3.60 X Contribution margin per unit 8.40 X Fuck Check My Work 2 more Check My Works nomaining Next