P1. (CVP for a single product case) Coyote computing Company produces and sells one product, a calculator. The following information pertains to the prices and costs of the product. Price($)/unit Variable costs ($)/unit Contribution margin/unit Fixed costs/ year: $630,000 calculator $200 -$110 $90 Target income /year: $1,800,000 Instructions: 1. Compute the break even point a. In number of units, BEP# FC/contribution margin per unit =$630,000/$90 per unit b. In sales revenues (S). 7,000 units 7,000 units x $200/unit $1,400,000 2. Compute the number of units to make and sell to earn the target income.