1. Freeson Inc. sells its only product for $20. Variable cost is $7.50 per unit, and fixed cost is $5,000 per month. (10 marks) Required: Calculate the following (Provide all relevant calculations): (a) The contribution margin per unit (b) The contribution margin ratio (c) The break-even point (in Units and Revenue $) (d) The expected operating profit in a month when 500 units are sold *** make sure this is in the format of a contribution margin income statement (e)