https://file.aiquickdraw.com/mathbot/file/1728421321186j78rlzvl.jpg

Let's work through the given information to solve for the unknown variables in the table. Here's the information we have from the image:

- **Total Revenue ($):** $61,503
- **Level of Output (Units):** 5,215
- **Net Income ($):** $6,554
- **Unit Contribution Margin ($):** $2.10

### Formulas we will use:
1. **Total Revenue:**  
   $ \text{Total Revenue} = \text{Selling Price per Unit} \times \text{Level of Output} $

2. **Total Variable Costs:**  
   $ \text{Total Variable Costs} = \text{Unit Variable Cost} \times \text{Level of Output} $

3. **Net Income Formula (using Contribution Margin):**  
   $ \text{Net Income} = \text{Total Revenue} - \text{Total Variable Costs} - \text{Total Fixed Costs} $

4. **Contribution Rate:**  
   $ \text{Contribution Rate} = \frac{\text{Unit Contribution Margin}}{\text{Selling Price}} $

5. **Unit Contribution Margin Formula:**  
   $ \text{Unit Contribution Margin} = \text{Selling Price per Unit} - \text{Unit Variable Cost} $

---

#### Steps to calculate:
1. **Selling Price**:  
   From the Total Revenue and Level of Output:  
   $ \text{Selling Price} = \frac{\text{Total Revenue}}{\text{Level of Output}} = \frac{61,503}{5,215} = 11.79 $

2. **Contribution Rate**:  
   Using the formula for contribution rate:  
   $ \text{Contribution Rate} = \frac{2.10}{11.79} \approx 0.178 (17.8\%) $

3. **Unit Variable Cost**:  
   From the formula for Unit Contribution Margin:  
   $ \text{Unit Variable Cost} = \text{Selling Price} - \text{Unit Contribution Margin} = 11.79 - 2.10 = 9.69 $

4. **Total Variable Costs**:  
   Using the Level of Output:  
   $ \text{Total Variable Costs} = 9.69 \times 5,215 = 50,540.35 $

5. **Total Fixed Costs**:  
   From the Net Income formula:  
   $ 6,554 = 61,503 - 50,540.35 - \text{Total Fixed Costs} $  
   Solving for Total Fixed Costs:  
   $ \text{Total Fixed Costs} = 61,503 - 50,540.35 - 6,554 = 4,408.65 $

---

### Final Values:
- **Total Fixed Costs:** $4,408.65
- **Total Variable Costs:** $50,540.35
- **Unit Variable Cost:** $9.69
- **Selling Price:** $11.79
- **Contribution Rate:** 17.8%

Would you like more details or explanations on any part of this?  
Here are five additional questions to extend the understanding:

1. How can we use the contribution margin to assess business profitability?
2. What changes in total fixed costs impact net income the most?
3. How would a decrease in the unit variable cost affect the contribution rate?
4. Can you calculate the break-even point using the values provided?
5. How can understanding unit contribution margin help in pricing decisions?

**Tip:** Always round off your final answers to two decimal places in financial calculations for consistency.

Complete the table below by solving for the unknown variables using the information provided. Round your final answers to two decimal places.

Learn how to calculate unknown variables such as total fixed costs, total variable costs, unit variable cost, and selling price using cost and revenue analysis. This problem covers key concepts in business mathematics, including cost-profit analysis, contribution margins, and net income calculations.

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