1. Apricot Ltd only produces and sells one product. The selling price is $200 per unit. The variable cost is $70 per unit. For March 2021, the company sold 300 units of products and did not make a gain or a loss in that month. a. (1 mark) The contribution margin per unit is $ b. (1 mark) The contribution margin ratio is %. C. (1 mark) The total contribution margin in March 2021 is $ d. (1 mark) The breakeven sales in dollars is $ e. (1 mark) The total fixed cost for March 2021 is $ II. Berry Ltd only produces and sells one product. The selling price is $250 per unit. In April 2021, 60% of the total sales can be used to cover the total fixed cost and to generate a profit. The total fixed cost in April is $33000. According to the business analyst's report, the total sales in April can be decreased by $13750 before a loss occurred. a. (1 mark) The variable cost per unit is $ b. (1 mark) The breakeven sales in dollars is $ c. (1 mark) The breakeven sales in unit is units. d. (1 mark) The margin of safety ratio is %. e. (1 mark) The actual sales in dollars in April is $ f. (1 mark) The number of units sold in April is units. III. Cherry Ltd produces and sells one product. The selling price is $320 per unit. The contribution margin ratio is 65%. The fixed cost for June 2021 is estimated to be $42000 in total. The target profit for June 2021 is $65120. a. (1 mark) The total sales in dollars required to achieve the target profit is $ b. (1 mark) The total sales in units required to achieve the target profit is units