7. If selling price $300 per unit; Variable cost $250 per unit; Fixed cost $50000.

a) What is the breakeven point per unit?

b) What is the activity level to generate a profit of $40000?

c) If the company budgets to sell 5000 units of a product. Calculate the margin of safety.

d) Calculate the Contribution/Sales Ratio of the product.

e) Find the breakeven point in sales revenue.

f) Calculate the sales revenue that is required to generate a profit of $40000.