Based on the following information, complete the problems listed below on the Airwolf Helicopters Company.

[In $ Dollars 000]

Sales...$75,000

Basic Manufacturing Costs$30,000

General & Administrative Expense..$12,000

# Units shipped...15

Solve or answer the following 4 questions.

To solve these problems, assume:

(1) Basic Manufacturing Costs and General & Administrative Expenses are Fixed Costs;

(2) Contribution Margin Percentage = 60%.

Question 1: Break-even level in units?

Question 2: Break-even sales level?

Question 3: At the Break-even sales level what is the Total cost & break-down between fixed and variable costs?

Question 4: At the $75,000 sales level what is the Total cost & break-down between fixed and variable costs?