Ch 18 - CVP Analysis Problem (25 points) A pizza restaurant sells 2,300 pizzas a month at an average price of \$20 each. The total fixed costs for a month are $15,400 and variable costs are 30% of sales. Answer the following questions based on the data above: 1. Compute the contribution margin in total dollars. (3 pts) 2. Compute the contribution margin per unit. ( 3 pts) 3. Compute the contribution margin ratio. (3 pts) 4. Compute the Break-Even Sales in dollars. (4 pts) 5. Compute the Break-Even Sales in units ( 4 pts) 6. Compute the Margin of Safety in dollars (4 pts) 7. Compute the Sales in dollars required to produce a Target Net Income of \$20,000 a month (round to whole dollars) (4 pts) Instructions: Show all calculations for each item, by numbering your answers. You can show your work handwritten on paper. If using Excel, make sure to display the calculations, as formulas are not visible on a scanned document