compute the company CM ratio and break even point in both units and dollars.

Memofax, Inc. produces memory enhancement software for computers. Sales have been very erratic, with some months profit and some months showing a loss. The company's contribution format income statement for the most recent month below: Sales (15,500 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating loss $ 310,000 232,500 77,500 88,500 $ (11,000) Required: 1. Compute the company's CM ratio and its break-even point in both units and dollars. (Do not round intermediate calcul Round your "Break-even point in units" answer up to nearest whole number.) % Contribution margin ratio Break-even point in units Break-even point in dollars