Break-Even Use the following scenario for questions below. Diamond Machine Technology makes a tool for sharpening the blades of pruning sheers and grass clippers. The company has invested $250,000 in developing this sharpener, which it would like to make back in the first year. This tool is about the size of a piece of chewing gum and costs $3 to make. Fixed costs for the sharpener are $10,000 per month. Diamond Machine's markup on sales is 30 percent. Remember: First determine fixed (already provided) and variable costs. . What is the price? . What is the contribution margin? . What is the monthly unit break-even point? . Based on the initial investment above, what is year one unit breakeven volume with an expected level of profit, required to pay back the $250,000? Edit View Insert Format Tools Table 12pt V Paragraph BIUA T