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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 105,000 units and has fixed cost of $348,100. The variable cost per unit is $0.15. What price does Jefferson charge per unit? Note: Round to the nearest cent. $3.31 X 2. Sooner Industries charges a price of $87 and has fixed cost of $380,000. Next year, Sooner expects to sell 16,900 units and make operating ncome of $191,000. 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 $13,680 with a contribution margin ratio of 0.15. 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 0.45. The fixed cost is $106,110 and 23,400 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note: Round answers to the nearest cent. Price Variable cost per unit Contribution margin per unit

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