Question 7 View Policie Current Attempt in Progress Marigold Corporation has collected the following information after its first year of sales Sales were $3,000,000 on 120,000 units: selling expenses $250.000 (4 variable and 60% foed: direct materials $1.755.900, direct labor $250,000; administrative expenses $270,000 (20% variable and 80% foxed and manufacturing overhead $343,000 70% variable and 30% foxed. Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. Compute (1) the contribution margin for the current year and the projected year, same to the projected year. (2) the fixed costs for the current year. Assume that foxed costs will remain the (1) Contribution marjon for current year Contribution margir for projected year (2) Fixed costs for current year Compute the break-even point in units and sales dollars for the current year. (Round intermediate calculations to 2 decimal places e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) The company has a target net income of $200,000. What is the required sales in dollars for the company to meet its target? (Round answer to 0 decimal places, e.g. 1,225.)