Exercise 3-5A (Algo) Contribution margin per unit approach for break-even and desired profit LO 3-1

Information concerning a product produced by Walton Company appears as follows:

Sales price per unit $ 166 Variable cost per unit $ 79 Total annual fixed manufacturing and operating costs $ 600,300

Required

Determine the following:

1. Contribution margin per unit.
2. Number of units that Walton must sell to break even.
3. Sales level in units that Walton must reach to earn a profit of $200,100.