5 value: 1.00 points Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,200 units x $40 per unit) Variable expenses $528,000 264,000 Contribution margin Fixed expenses 264,000 294,000 Net operating loss $ (30,000) Required 1. Compute the company's CM ratio and its break-even point in both unit sales and dollar sales 50 % CM ratio Break-even point in units Break-even point in dollars$ 14,700 588,000