4-the company's margin of safety (add calculations to explain how answer was achieved)

Fanzy \& Co has provided the following relating to the most recent month (August 31, 2021) of operations, for their main product, cookies. The company sold 20,000 cookies. Using this data : 1- Prepare a contribution margin income statement in good format. Include per unit and percentage columns where applicable. 2- Calculate the company's breakeven point in units. 3- Calculate the company's breakeven point in sales dollars. Round to nearest whole number. 4- Calculate the company's margin of safety in $ and in percentage. Round to nearest whole number QUESTION 2 ANSWER 2- The company's breakeven point in units. 3. The Company's Breakeven point in $