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Problem 1: CVP Analysis 15 PTS Stan Todd, Inc. wants to manufacture a new cell phone that can be worn on the wrist. Information from doing market research shows that he can sell this phone for $25 each. His fixed costs would be $145,000 a year and variable costs would amount to $10 per phone. (1) What would the contribution margin ratio be? (2) What sales volume in units would Stan need to break-even? (3) What sales volume in units would Stan need to earn $200,000 profit? (4) What would be the margin of safety if he sold 25,000 units