Super-Tees Company plans to sell 20,000 T-shirts at $25 each in the coming year. Product costs include: Direct materials

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Super-Tees Company plans to sell 20,000 T-shirts at $25 each in
the coming year. Product costs include: Direct materials per
T-shirt $8.75 Direct labor per T-shirt $1.75 Variable overhead per
T-shirt $0.75 Total fixed factory overhead $45,000 Variable selling
expense is the redemption of a coupon, which averages $1.25 per
T-shirt; fixed selling and administrative expenses total $18,000.
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
51ff5507e044fb2_1 11.25 b. Total variable cost per unit $fill in
the blank 51ff5507e044fb2_2 12.50 c. Contribution margin per unit
$fill in the blank 51ff5507e044fb2_3 12.50 d. Contribution margin
ratio fill in the blank 51ff5507e044fb2_4 0.500 e. Total fixed
expense for the year $fill in the blank 51ff5507e044fb2_5 63,000
Feedback Area Feedback Question Content Area 2. Prepare a
contribution-margin-based income statement for Super-Tees Company
for the coming year. If required, round your per unit answers to
the nearest cent. Super-Tees Company Contribution-Margin-Based
Operating Income Statement For the Coming Year Total Per Unit Sales
$Sales 500,000 $Sales 25 Total variable expense Total variable
expense 250,000 Total variable expense 12.50 Total contribution
margin $Total contribution margin 250,000 $Total contribution
margin 12.50 Total fixed expense Total fixed expense 63,000
Operating income $Operating income 187,000 Question Content Area 3.
What if the per unit selling expense increased from $1.25 to $2.65?
Calculate new values for the following: Round dollar amounts to the
nearest cent and round ratio values to four decimal places (express
the ratio as a decimal rather than a percentage): a. Variable
product cost per unit $fill in the blank 66bf6f07f038048_1 b. Total
variable cost per unit $fill in the blank 66bf6f07f038048_2 13.90
c. Contribution margin per unit $fill in the blank
66bf6f07f038048_3 11.10 d. Contribution margin ratio fill in the
blank 66bf6f07f038048_4 0.4440 e. Total fixed expense for the year
$fill in the blank 66bf6f07f038048_5