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QUESTION 2 McCartney Co. developed the following information for its product: Sales price per unit Variable cost per unit Total fixed costs $ 80 $ 48 $1,000,000 Answer the following independent questions and show computations to support your answers. The contribution margin per unit is $ The contribution margin ratio is %. units must be sold to break even. $ is the break even Sales dollars. McCartney Co. will recognize a net income of $ if it sells 60,000 units. If the company is currently selling 58,000 units, its margin of safety ratio would be %. Refer to the original data: if the company plans to spend an additional $100,000 on advertising, how many units must it sell to earn a net income of $700,000 Refer to the original data: The company is considering a 4% increase in sales price per unit. What will be the new PER UNIT contribution margin ? If the company increases the sales price per unit by 4%, the new break even units will be Click Save and Submit to save and submit. Click Save All Answers to save all answers