CVP Analysis (24 points total, 4 points each) ZYX, sells a single product. The company's most recent income statement is given below. Ignore income tax effects. Sales (4,000 units) $120,000 Less variable expenses (68,000) Contribution margin 52,000 Less fixed expenses (40,000) Net income $ 12,000 Required (supporting work calculations are not necessary or required): 1. Contribution margin per unit is per unit 2. If sales are doubled to $240,000, total variable costs will equal 3. If sales are doubled to $240,000, total fixed costs will equal 69 4. If 10 more units are sold, profits will increase by 5. Compute how many units must be sold to break even. # 6. Compute how many units must be sold to achieve profits of $20,000. #