Chapter 3 Multitasking Maniacs Co. Multitasking Maniacs Co. manufactures and sells a specialized cell phone. macs co. manufactures and sells a specialized cell phone. The company's contribution format income statement for the most recent year is given below: % of Sales 100% Sales (20,000 units) Variable Expense Contribution Margin Fixed Expense Net Income Total $1,200,000 $900,000 $300,000 $240,000 $60,000 Per Unit $60 $45 $15 ? Management is anxious to increase the company's profit and has asked for an analysis of a number of items. Required: 1. Compute the company's CM ratio and variable expense ratio. 2. Compute the company's break-even point in both units and sales dollars