1: ABX Inc. reports the following operating results for the month of August: Sales $400,000 (units 5,000, unit price $80) Total Variable costs $280,000 (variable cost per unit $56) Total Contribution margin $120,000 Total Fixed costs $95,000 Management is considering increasing selling price by 10% with no change in costs. Required: a) Compute the breakeven point in dollars if management increase the selling price (show all of your work) b) Using your answer in part a, Compute the margin of safety ratio (show all of your work) total C 120000 = 24 5000