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The Peace Company has the following functional income statement for the prior month.

Sales ($50 * 100,000 units) $5,000,000
Cost of goods sold
Direct materials $1,200,000
Direct labor $950,000
Variable factory overhead $600,000
Fixed factory overhead $850,000 $3,600,000
Gross profit $1,400,000
Selling and administrative expense
Operating income
There were no beginning and ending inventories.

a.find out the contribution margin per unit.
b. find out the contribution margin ratio.
c.What is the break-even point in units?
d.What is the amount of sales in dollars needed to obtain a before-tax profit of $40,000?


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