Instructions: Complete each of the following requirements presenting labeled supporting computation (a) Compute and label the contribution margin per unit and contribution margin ratio. (b) Using the contribution margin per unit compute the break-even point in units. (c) Using the contribution margin ratio compute the break-even point in dollars. (d) Compute the margin of safety and margin of safety ratio. (e) Compute the number of units that must be sold in order to generate net income of $400000 using the contribution margin per unit. (f) Should Harder give a commission to its salesman based on 10% of sales if it will decrease fixed costs by $400000 and increase sales volume 10%? Support your
answer with labeled computations.