Question \#2 Erickson, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be $225,000. Variable costs are $14 per unit. Instructions ( 50pts) (a) Compute the break-even point in sales dollars using the contribution margin ratio technique. (b) Compute the break-even point in units using the contribution margin technique. (c) Compute margin of safety ratio assuming actual sales are $937,500. (d) Compute the margin of safety in units (e) Compute the sales in dollars and units required to earn a net income of $150,000. Question \#2 Erickson, Inc. makes computer bags that sell for $20 each. For the coming year, management expects fixed costs to be $225,000. Variable costs are $14 per unit. Instructions ( 50pts) (a) Compute the break-even point in sales dollars using the contribution margin ratio technique. (b) Compute the break-even point in units using the contribution margin technique. (c) Compute margin of safety ratio assuming actual sales are $937,500. (d) Compute the margin of safety in units (e) Compute the sales in dollars and units required to earn a net income of $150,000