Halifax Hockey Sticks makes kevlar hockey sticks. Their costs are as follows:

a. Materials and labour $16.50/stick

b. Royalty to Sidney Crosby for use of his name on stick $1.50/stick

c. Average cost of shipping to distributors $2.20/stick

d. Advertising and promotion per annum $400,000.00

e. Factory costs and overhead per annum $550,000.00

f. Wholesale price charged to distributors $58.00/stick

Calculate the following: a) contribution margin per stick, b) breakeven volume in number of

sticks, c) net profit if company sells 500,000 sticks per annum and d) number of sticks that need

to be sold to make $450,000 profit. (20 points)