Festival Cookware Jeff Jamail is evaluating a business opportunity to sell Festival Cookware at trade shows. Mr. Jamail can buy the cookware at a wholesale cost of $196 per set and plans to sell the cookware for $350 per set. He estimates fixed travel costs such as plane fare, taxi, meals and lodging to be $4,400 per trade show. Further, Mr. Jamail will have to rent a booth at the trade show for $1,200 and he receive a 4% commission for all sales at the trade show. Required 1. Determine the contribution margin per unit (set). $154 2. Determine the number of cookware sets Mr. Jamail must sell at a trade show to break even. 3. Assume Mr. Jamail desires to earn a profit of $4,900 per show. Determine the sales volume in units necessary to earn the desired profit. 4.400