Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 12,000 T-shirts at $16 each in the coming year. Product costs include: Variable selling expense is the redemption of a coupon; which averages 50,80 per T-shirt; fixed selling and administrative expenses total s19,000. Required: 1. Calculate the following values: Round dollar amounts to the nearest cent and round ratio values to three decimal places. Fecostack * checkidr Whes. a. A. b. Remember there is a difference between variable product cost per unit and total variable cost per unit. c. See Cornerstone 16.1. Pnce is a part of the calculation. d. Contribution Margin ratio is Contribution Margin divided by seiling price. e. See Cornerstone 16.1. Include fixed costs for the entire company. 2. Prepare a contribution-margin-based income statement for Super-Tess Company for the coming year. If required, round your per unit answers to the nesrest cent. Fecockick rotick My wok Remember a contribution margin income statement calculates contribution-morgin not gross profit. 3. What if the per unit selling expense fycreased from $0.80 to $1.75 ? Calculate new values for the following: Round dollar amounts to the nearest cent and round ratio values to four decimal places: a. Variable product cost per unit b. Total variable cost per unit c. Contribution margin per unit d. Contribution margin ratio e. Total fixed expense for the year Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 12,000 T-shirts at $16 each in the coming year. Product costs include: Variable selling expense is the redemption of a coupon; which averages 50,80 per T-shirt; fixed selling and administrative expenses total s19,000. Required: 1. Calculate the following values: Round dollar amounts to the nearest cent and round ratio values to three decimal places. Fecostack * checkidr Whes. a. A. b. Remember there is a difference between variable product cost per unit and total variable cost per unit. c. See Cornerstone 16.1. Pnce is a part of the calculation. d. Contribution Margin ratio is Contribution Margin divided by seiling price. e. See Cornerstone 16.1. Include fixed costs for the entire company. 2. Prepare a contribution-margin-based income statement for Super-Tess Company for the coming year. If required, round your per unit answers to the nesrest cent. Fecockick rotick My wok Remember a contribution margin income statement calculates contribution-morgin not gross profit. 3. What if the per unit selling expense fycreased from $0.80 to $1.75 ? Calculate new values for the following: Round dollar amounts to the nearest cent and round ratio values to four decimal places: a. Variable product cost per unit b. Total variable cost per unit c. Contribution margin per unit d. Contribution margin ratio e. Total fixed expense for the year