ABC Company produces a single product with a selling price of $50 per unit. The variable cost per unit is $30, and the fixed costs are $20,000. Analyze the company's CVP relationships and answer the following:

• Requirement 1: Calculate the breakeven point in units and dollars.
• Requirement 2: Determine the sales needed to achieve a target profit of $10,000.
• Requirement 3: Discuss how changes in the selling price or variable costs would impact the breakeven point and target profit.