Problem 11-28 Determining the break-even LO 11-5 and preparing a contribution margin income statemen Ritchie Manufacturing Company makes a product that it $60 per unit. Variable selling expenses are $18 per unit, administrative costs are $240,000 per year. 150 per unit. The company incurs variable manufacturing costs of fixed manufacturing costs are $480.000, and fixed selling and 20 Required Determine the break-even point in units and dollars llowing approaches a. Use the equation method b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for -even sales volume. Reg A to B Regc Determine the break-even point in units and dollars using the equation method, the contribution margin per unit approach and the contribution margin ratio approach. a. Break-even point in units Break-even point in dollars b. Contribution margin per unit Break-even point in units Break-even point in dollars Reqc > Req A to B Reqc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement