Current sales revenue is $5,000, total variable costs are $2,000, and total fixed costs are $1,000 (no data on units). a) Compute the contribution margin ratio: CMR= 60 x b) Write down the CVP relation (version 2): profit as a function of sales revenue. Profit = 4 x * Revenue - 1000 (e.g., if profit = 0.1*Revenue-500, enter 0.1 in the first box and 500 in the second box). c) Predict profit at sales revenue of $10,000: 5000 d) Your boss gave you a profit target of $5,000. How much do you need to sell in dollars to meet this target? 10000 e) Compute the breakeven revenue: 1667 1) When sales revenue increases by $1,000 (from any initial level in the relevant range), profit increases by: CMR $1,000 = $600 not enough information O (1-CMR)-$1,000 - $400