A company sells one product. The contribution margin per unit for this product is $7. The company decides that it wants to create a fancier packaging for the product, which would increase its variable cost per unit by $1. What will be the updated contribution margin per unit for the product if this new packaging is implemented? 000 $8 $1 $6 33 2 points A company sells one model of a synthetic leather basketball. The basketballs sell for $20 each, and the variable expenses for each basketball are $14. The company has $1.200 of fixed expenses. How many basketballs (units) must the company sell in order to break even? 0000 200 60 7.200 4,000