Smart IncExpects to Produce and Sell 4,000 Units Next Month

Essay

Smart Inc.expects to produce and sell 4,000 units next month.Data on costs follows:
$\begin{array}{l}\text { Per unit costs: }\\\text { Selling price } & \$ 80 \\\text { Variable manufacturing costs } & \$ 20 \\\text { Variable selling costs } & \$ 12\\\\\text { Total costs: }\\\text { Fixed manufacturing costs } & \$ 32,000 \\\text { Fixed selling costs } & \$ 16,000\end{array}$ A. What is the variable cost per unit?
B. What is contribution margin per unit?
C. What is the variable cost ratio?
D. What is the contribution margin ratio?