Question 2 of 4 This test: 4 point(s) possible This question: 1 point(s) possible Submit test Catherine is planning to make fancy, multi-tiered wedding cakes for the next wedding season. To make the cakes, she must invest $3050 in some special baking tools. To promote n list V her business, she also needs to spend $3670 to advertise in the newspaper. She estimates that supplies and materials for each cake will cost $510. She is planning to set the price for each cake at $750. (a) Compute the contribution margin. (b) Compute the contribution rate. on 1 (c) Compute the break-even point in units (d) Compute the break even point in sales dollars (a) The contribution margin unit is $ (Type a whole number.) (b) The contribution rate Pa. (Round to two decimal places as needed.) (c) The break-even point is cakes (Round up to the nearest unit.) (d) The break-even point in sales dollars is $ (Type a whole number)