Based on market research, the selling price of a new product is expected to be $85.00 per unit. Variable manufacturing cost is expected to be $35.00 per unit and variable selling expense is expected to be $15.00 per unit. Fixed costs are estimated to be $1260.00 per annum. The capacity is 100 units for the year.

Let x be the number of new product produced and sold. Perform a breakeven analysis.

1. Provide an algebraic function of
   1. the revenue function
   2. the total cost function
2. Compute
   1. the contribution margin
   2. the contribution ratio (rate)

1. Compute the breakeven point
   1. in units
   2. as a percent of capacity
   3. in dollars