Due to erratic sales of its sole product-a high-capacity battery for laptop computers PEM, Inc., has been experiencing difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (12,900 units x $20 per unit) Variable expenses $258,000 129,000 Contribution margin Fixed expenses 129,000 144,000 Net operating loss $ (15,000) Required 1. Compute the company's CM ratio and its break-even point in both unit sales and dollar sales. CM ratio Break-even point in units Break-even point in dollars 50 % 14,400 288,000