Exercise $3-3$A $($Algo$)$ Contribution margin ratio LO $3-1$

Walton Company incurs annual fixed costs of $$87,650.$ Variable costs for Walton's product are $$26\mathrm{.}00$ per unit, and the sales price is $$40\mathrm{.}00$ per unit. Walton desires to earn an annual profit of $$52,000.$

Required

Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.

Note: po not round intermediate calculations. Round your final answers to the nearest whole number.

Sales in dollars

Sales volume in units