Problem 3-17A Determining the break-even point and preparing a contribution margin income statement LO 3-1 Lucent Manufacturing Company makes a product that it sells for $75 per unit. The company incurs variable manufacturing costs of $30 per unit. Variable selling expenses are $9 per unit, annual fixed manufacturing costs are $240,000, and fixed selling and administrative costs are $165,000 per year. Determine the break-even point in units and dollars using each of the following approaches: a. Equation method. Break-even point in units Break-even point in dollars b. Contribution margin per unit. Contribution margin per unit Break-even point in units Break-even point in dollars