Case Study Executives of Studio Recordings, Inc produce new CDs for the Sunshine Sisters band. Use the following cost and revenue figures to answer the questions: Truxed Costs in uns case are considered part of CD production expenses Part I: Calculate the following (Show your calculations): 3 pts. Contribution Margin per CD: 2 pts. Contribution Margin per Ratio: 5 pts. Breakeven volume in units: 3pts. Breakeven volume in dollars: 7 pts. What is the necessary incremental unit volume to earn $200,000 in profit? Part II: Complete a Profit \& Loss statement based on 1 million units sold. You will include the following information: 3 pts. pts. Gross Revenue: 7 pts. COGS (\$): 5 pts. COGS (%): 5 pts. Gross Profit (\$): 5 pts. Gross Profit (\$): 5 pts. Gross Margin (\%): 3 pts. Net Profit (\$): 2 pts. Net Profit (\%): Show your work by adding your Profit \& Loss statement below