1. HMI is suffering from the effects of increased local and global competition for its main product, a lawn mower that is sold in discount stores throughout the United States. The following table shows the results of HMI'S operations for 2016:

Sales (12,500 units @ $84/unit) $1,050,000

Variable costs (12,500 units @ $63/unit) 787,500

Contribution margin $ 262,500

Fixed costs 296,000

NET LOSS $ 33,500

Compute HMI's breakeven point in BOTH units and dollar