Vaughn, Incorporated, sold 16,000 units last year for $120.00 each. Variable costs per unit were $24.00 for direct materials, $24.00 for direct labor, and $6.00 for variable overhead. Fixed costs were $38,000 in manufacturing overhead and $21,000 in nonmanufacturing costs. Required: What is the total contribution margin? What is the unit contribution margin? Note: Round your answer to 2 decimal places. What is the contribution margin ratio? Note: Round your intermediate calculations to 2 decimal places. elf sales increase by 3,000 units, by how much will profits increase? Note: Round your intermediate calculations to 2 decimal places. Total Contribution Margin Unit Contribution Margin Contribution Margin Ratio Profits Increaso %

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