7-1. Hardee Company sells a single product. The selling price is $30 per unit and the variable expenses are $18 per unit. The company's most recent annual income statement is given below:

Sales (4,500 units) . . . . . . . . . . . . . . . . . . . . $135,000

Less variable expenses . . . . . . . . . . . . . . . . . 81,000

Contribution margin . . . . . . . . . . . . . . . . . . . 54,000

Less fixed expenses . . . . . . . . . . . . . . . . . . . 48,000

Net Income . . . . . . . . . . . . . . . . . . . . . . . $ 6,000

A. Compute the contribution margin per unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ ___________

B. Compute the CM ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ___________ %

C. Compute the break-even point in sales dollars . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ ___________

D. Compute the break-even point in units sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .