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Gilley Inc sells a single product. The company's most recent income statement is given below. Sales (4,000 units) $120,000 Less variable expenses (68,000) Contribution margin

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Gilley Inc sells a single product. The company's most recent income statement is given below. Sales (4,000 units) $120,000 Less variable expenses (68,000) Contribution margin 52,000 Less fixed expenses (40,000) Net income $12.000 Required. Please calculate the following 1. Contribution Margin per unit 2. 11 Sales are doubled to $ 240,000, total variable costs will equal 3. If Sales are doubled to $ 240,000 total fixed costs will equal 4. If 10 more units are sold profits will increase by 5 Computo how many units must be sold to break even 0 Compute how many units must be sold to achieve profits of $ 20.000

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