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Correct ACCOUNTING Chap 5 Question 3 (of 6) 10.00 points Due to erratic sales of its sole product-a high-capacity battery for laptop computers--PEM, Inc., has been experiencing difficulty for some time. The company's contribution format income statement for the most recent month is given below Sales (12,500 units x $40 per unit) $500,000 300,000 Variable expenses Contribution margin 200,000 Fixed expenses 224,000 (24,000) Net operating loss Required 1. Compute the companys CM ratio and its break-even point in both unit sales and dollar sales. CM ratio Break-even point in units Break-even point in dollars