Ch3 cases of Adobe Reader File Edit View Window Help Open Tools Fil & Sign Comment 1. Gilley, Inc., sells a single product. The company's most recent income statement is given below: Sales (4,000 units) $120,000 Less: variable expenses (68,000) Contribution margin 52,000 Less: fixed expenses (40,000) Net income $ 12,000 Required: a. Contribution margin per unit. b. Total variable costs if sales are doubled to $240,000. c. Total fixed costs if sales are doubled to $240,000. d. Increase in profits if 10 more units are sold. e. Compute how many units must be sold to break even. f. Compute how many units must be sold to achieve operating income of $20,000. 1107 AM Type here to search 400 ING