Question: Problem 2 - Break Even Analysis (15 Points) Erickson, Inc. makes student book bags that sell for $20 each. For the coming year, managemen expects

Problem 2 - Break Even Analysis (15 Points) Erickson, Inc. makes student book bags that sell for $20 each. For the coming year, managemen expects fixed costs to be $225,000. Variable costs are $15 per unit. Instructions (a) Compute break-even units using the mathematical equation (b) Compute break-even sales (in dollars) using the contribution margin ratio, ) Compute the sales dollar required to earn net income of $150,000, using the mathematical equation. 4 Points

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