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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 $345,200. The variable cost per unit is $0.30. What price does Jefferson charge per unit? Note: Round to the nearest cent. $ 3.59 2. Sooner Industries charges a price of $105 and has fixed cost of $431,500. Next year, Sooner expects to sell 11,800 units and make operating income of $184,000. 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 $ 52.84 49.68 Contribution margin ratio % 3. Last year, Jasper Company earned operating income of $14,700 with a contribution margin ratio of 0.15. Actual revenue was $245,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. $ 22,050 4. Laramie Company has variable cost ratio of 0.35. The fixed cost is $97,500 and 25,000 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 $ 8,750 Variable cost per unit $ 1.37 x Contribution margin per unit $ 3.9

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