Logan Products is examining cost behavior patterns. Your recommendation is to rst determine the breakeven point in units. First, calculate the ) contribution margin (CM) per unit (rounded to the nearest dollar). '. 1,200 X Next, complete 'd'ie formula below to determine the break-even units. Total Fixed Costs 3' Contribution Margin per Unit = Units ._.. _x = The break-even point can be expressed in terms of sales dollars or number of units. The break-even units tells us how many units must be sold so that operating income is $0. Assume that you are part of the accounting team for Logan Products. The company currently expects to sell 618 units for total revenue of $21,000 each month. Logan Products estimates direct materials costs of $3,150, direct labor costs of $4,200, variable overhead costs of $2,100, and variable selling and administrative costs of $1,050. Fixed costs of $8,500 are also expected, which includes xed overhead and selling and administrative costs. Using this information, complete the contribution margin income statement shown below. Log a n Prod ucts Contribution Margin Income Statement Less: Variable costs J sf ) Contribution margin cf x Less: Fixed costs J x Operating income X