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Suppose that Larimer Company sells a product for $$30.$ Unit costs are as follows:

Direct materials $$4\mathrm{.}49$

Direct labor $$2\mathrm{.}90$

Variable factory overhead $$1\mathrm{.}10$

Variable selling and administrative expense $$2\mathrm{.}30$

Total fixed factory overhead is $$23,000$ per year, and total fixed selling and administrative expense is $$40,393.$

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

Required:

$1.$ Calculate the variable cost per unit and the contribution margin per unit. Round your answers to the nearest cent.

Unit Variable Cost $fill in the blank $2$

$10\mathrm{.}79$

Unit Contribution Margin $fill in the blank $3$

$19\mathrm{.}21$

$2.$ Calculate the contribution margin ratio and the variable cost ratio. Round your answers to the nearest whole number.

Contribution Margin Ratio fill in the blank $4$

$64$

$\%$

Variable Cost Ratio fill in the blank $5$

$36$

$\%$

$3.$ Calculate the break$-$even units. Round your answer to the nearest whole number.

Break$-$Even Units fill in the blank $6$

$3,295$

units

$4.$ Prepare a contribution margin income statement at the break$-$even number of units. If your answer is zero, enter $0.$ Round your answers to the nearest dollar.

Larimer Company

Contribution Margin Income Statement

At Break$-$Even

Sales

$fill in the blank $8$

Variable Cost

fill in the blank $10$

Total Contribution Margin

$fill in the blank $12$

Fixed Cost

fill in the blank $14$

$63,393$

Operating Income

$fill in the blank

just need you to calculate number $3$ again and number $4$

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