Demonstration Problem (Question 1) The Power Tool Division of ABC Hardware sells one product, Jig Saw, and has the following data for the second quarter: 1,200 units $150 Units of output Price per unit Variable cost per unit Total fixed costs 48,000 Required: Determine I. Quarterly operating profit when 1,200 units are sold. 2. Break-even volume in units and sales dollars. 3. Contribution margin ratio. 4. Sales dollars and units needed to generate an operating profit of $57,000. Number of units sold that would produce an operating profit of 15% of sales dollars