calculate variable cost

Ritchie Manufacturing Company makes a product that it sells for $180 per unit. The company incurs variable manufacturing costs of $79 per unit. Variable selling expenses are $20 per unit, annual fixed manufacturing costs are $500,000, and fixed selling and administrative costs are $245,200 per year Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume. Answer is not complete. Complete this question by entering your answers in the tabs below Req A to B | Req C Prepare a contribution margin income statement for the break-even sales volume. CHIE MANUFACTURING COM $ 1,656,000 Sales Variable costs Contribution margin Fixed costs 745 745.20 Net income Req A to B