HugBoot, LLC produces womens designer snow boots. It produces a single boot type in a variety of styles and colors. The budgeted profit and loss statement for the coming year is as follows:

Sales (65,000 units) $15,600,000 Variable costs 8,736,000 Contribution Margin 6,864,000 Fixed costs 4,012,000 Income $2,852,000

1. Compute the contribution margin per unit and the unit sales required to break-even. Also, calculate the break-even sales in dollars after determining the contribution margin ratio. (5 points 25 words minimum)