G H 1 M DE Complete the following problems using the following ratios o Sales level at which operating income is zero If sales above breakeven, then profit If sales below breakeven, then loss Fixed expenses - total contribution margin Total sales total expenses O Break Even Point Unit Sold Fixed expenses + Operating Income / Contribution Margin par unit Break Even Point: Sales $ Fixed expenses + Operating Income / Contribution Margin Ratio (1) Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit. Answer: (2) Caleulate the break even sales dollars if the fixed expenses are $7.000 and the contribution ratio is 40% Answers (1) Calculate the break even number of units with a target profit of $120,000 if the fixed expenses are $15,000 and the contribution margin is 560 per unit. Answer: We - Part 1 Week Part 2 Week 3 - Part