Question. (CVP relation version 2, contribution margin ratio) Suppose that the price is $50, unit variable cost is $20/unit, and total fixed costs are $2,700. Required: a) Compute the unit contribution margin and contribution margin ratio: unit CM CM ratio (enter CMR as a fraction of 1, not as %) b) Write down the CVP relation using CMR: profit as a function of sales revenue. (fill in the missing numbers in an equation like Profit 0.35 Revenue 50). Profit Revenue c) Based on the CVP relation in (b), what is the breakeven revenue (if necessary, round up to the nearest integer)? d) Based on the CVP relation in (b), what is the sales revenue required to achieve target profit of $5,000 Submit Answer Practice Another Version