ABC Manufactures cordless home telephones . The company's contribution format income statement for the most year is given below :

ABC Manufactures cordless home telephones. The company's contribution format income statement for the most recent year is given below: Required: 1. Compute the company's Contribution Margin Ratio. (2 Marks) 2. Compute the Break-Even point in both units and sales dollars. (2 Marks) 3. Assume that next year, management wants the company to earn a minimum profit of $90,000. How many units will have to be sold to meet this target profit figure? (2 Marks)