# (SOLVED)- For each of the following independent situations calculate the amount s

### Question Description:

 \$19

For each of the following independent situations, calculate the amount(s) required.

Required:
1. At the break-even point, Jefferson Company sells 115,000 units and has fixed cost of \$349,600. The variable cost per unit is \$4.56. What price does Jefferson charge per unit?
2. Sooner Industries charges a price of \$120 and has fixed cost of \$458,000. Next year, Sooner expects to sell 15,600 units and make operating income of \$166,000. What is the variable cost per unit? What is the contribution margin ratio (Note: Round answer to four decimal places)?
3. Last year, Jasper Company earned operating income of \$22,500 with a contribution margin ratio of 0.25. Actual revenue was \$235,000. Calculate the total fixed cost.
4. Laramie Company has variable cost ratio of 0.56. The fixed cost is \$103,840 and 23,600 units are sold at breakeven. What is the price? What is the variable cost per unit? The contribution margin per unit?

 \$19