Gilley, Inc., sells a single product. The Company's most recent financial data is given below. Sales (4,000 units) $120,000 variable expenses (68,000) fixed expenses (40,000)

a. Contribution margin per dollar is $___

b. Contribution margin per unit is____per unit

c. if sales are doubled to $240,000 total variable costs will equal $____

d. if sales are are doubled to $240,000 total fixed costs will equal $____

e. if 10 more units are sold, profits will increase by $______

f. compute how many units must be sold to break even in unit. #_____

g. compute how many units must be sold to break even in dollars. $_____

h. Compute how many units must be sold to achieve profits of $20,000. #____

i. What is the margin of safety, assuming sales total $126,000?

k. Prepare income statement using CVP