Executives of Studio Recordings Inc. produced the lat- est compact disc by the Starshine Sisters Band, titled Sunshine/Moonshine. The following cost information pertains to the CD. $0.75/CD a. CD package b. Songwriters' royalties $0.45/CD c. Recording artists' royalties d. Advertising and promotion e. Studio Recording Inc.'s overhead f. Selling price to the CD distributor $0.95/CD $1,350,000 $280,000 $8.70 Calculate the following: 1. Contribution per CD unit 2. Break-even volume in CD units and dollars 3. Net profit if 1 million CDs are sold 4. Necessary CD unit volume to achieve a $500,000 profit