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 125,000 units and has fixed cost of $348,600. The variable cost per unit is $0.25. What price does Jefferson charge per unit? Note: Round to the nearest cent. $fill in the blank 1 2. Sooner Industries charges a price of $88 and has fixed cost of $397,500. Next year, Sooner expects to sell 15,700 units and make operating income of $187,000. 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 $fill in the blank 2 Contribution margin ratio fill in the blank 3 % 3. Last year, Jasper Company earned operating income of $22,800 with a contribution margin ratio of 0.25. Actual revenue was $228,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. $fill in the blank 4 4. Laramie Company has variable cost ratio of 0.30. The fixed cost is $189,000 and 30,000 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 $fill in the blank 5 Variable cost per unit $fill in the blank 6 Contribution margin per unit $fill in the blank 7

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 125,000 units and has fixed cost of $348,600. The variable cost per unit is $0.25. What price does Jefferson charge per unit? Note: Round to the nearest cent. $ 2. Sooner Industries charges a price of $88 and has fixed cost of $397,500. Next year, Sooner expects to sell 15,700 units and make operating income of $187,000. 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 $22,800 with a contribution margin ratio of 0.25. Actual revenue was $228,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 3. Last year, Jasper Company earned operating income of $22,800 with a contribution margin ratio of 0.25. Actual revenue was $228,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. $ 4. Laramie Company has variable cost ratio of 0.30. The fixed cost is $189,000 and 30,000 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 $