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ABC Company has $200,000 in expected sales ( 1,000 units sold). ABC has fixed costs of $80,000 and variable costs per unit of $100. Calculate

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ABC Company has $200,000 in expected sales ( 1,000 units sold). ABC has fixed costs of $80,000 and variable costs per unit of $100. Calculate the following: 1) Total variable costs 2) Total Contribution Margin 3) Contribution margin ratio (do not enter \% or period : if answer is 30% enter 30 ) 4) Operating Income 5) Break even in dollars 6) Break even in units 7) Margin of safety 8) Number of units needed for target profit of $40,000 9) Total sales dollar amount needed for target profit of $40,000 10) Total sales dollar amount needed for target profit of $30,000

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