Question: Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 17,000 T-shirts at $24 each in the coming year. Product costs include: Direct

Variable Costs, Contribution Margin, Contribution Margin Ratio Super-Tees Company plans to sell 17,000 T-shirts at $24 each in the coming year. Product costs include: Direct materials per T-shirt $8.40 Direct labor per T-shirt $1.68 Variable overhead per T-shirt $0.72 Total fixed factory overhead $40,000 Variable selling expense is the redemption of a coupon, which averages $1.20 per T-shirt; fixed selling and administrative expenses total $12,000. Required: Question Content Area 1. Calculate the following values: Round dollar amounts to the nearest cent and round ratio values to three decimal places (express the ratio as a decimal rather than a percentage). a. Variable product cost per unit $fill in the blank f27fd40ccfd1fc0_1 10.8 b. Total variable

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