Problem 11-28 Determining the break-even polnt and preparing a contribution margin Income statement LO 11-5 Ritchie Manufacturing Company makes a product that it sells for $190 per unit. The company incurs variable manufacturing costs of $96 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are $462,000, and fixed selling and administrative costs are $260,000 per year Required Determine the break-even point in units and dollars using each of the following approaches a. Use the equation method. b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for the break-even sales volume. Complete this question by entering your answers in the tabs below. Raq C Req A to B 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. Bregk-even point in units Break-even point in dollars Contribution margin per unit bi Break-even point in units Bresk-even point in dollars: Rea C Complete this question by entering your answers in the tabs below. Req C Req A to B Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement