2 B A B C D F G H K Rachel runs her own hot dog stand on the university campus. The monthly cost of the cart rental and business permit is $300. Rachel spends $0.50 on each hot dog sold, including bun and condiments. She sells each hot dog for $2.00. Requirements 1 What is the contribution margin per unit? 2 What is the contribution margin ratio? 3 Predict operating income for a month in which Rachel sells 1,000 hot dogs. 4 How many hot dogs does Rachel need to sell each month to break even? 5 How much sales revenue does Rachel need to generate each month to break even?c use shortcut approach instead of income statement approach. 6 How many hot dogs does Rachel need to sell each month to earn a target profit of R $900 a month? 7 How much sales revenue does Rachel need to generate each month to earn a target profit of $900 per month? Sa Va Ca Fix Op +