1. Executives of Studio Recordings, Inc. produced the latest compact disc by the Starshine Sisters Band, titled Sunshine/Moonshine. The following cost information pertains to the new CD: CD package and disc (direct material and labor) Songwriters' royalties Recording artists' royalties Advertising and promotion Studio Recordings, Inc.'s overhead Selling price to CD distributor $1.25/CD $0.35/CD $1.00/CD $275,000 $250,000 $9.00 Calculate the following: a. b. c. d. e. Unit Contribution Break-even volume in CD units Break-even sales volume (in dollars) Net profit if 1 million CDs are sold Necessary CD unit volume to achieve a $200,000 profit