Exercise 4-24 Basic Cost-Volume-Profit Concepts Berry Company produces a single product. The projected income statement for the coming year is as follows: Sales (24,000 units @ $75) Less: Variable costs Contribution margin Less: Fixed costs Operating income $1,800,000 594,000 1,206,000 984,025 $ 221,975 Required: 1. Compute the unit contribution margin and the units that must be sold to break even. 2. Suppose 30,000 units are sold above break-even. What is the operating income? 3. Compute the contribution margin ratio and the BEP in dollars. Suppose that revenues are $500,000 more than expected for the coming year. What would the total operating income be? (1) The unit contribution margin is A dollars. The break- even in units is A units. (2) Operating income is A dollars. (3) The contribution margin ratio is A percent. The break-even sales revenue is A dollars. If revenues were $500,000 more than expected for the coming year, total operating income would be A dollars