I basically did all of the work, I just want to make sure I have the right answer. And If I don't have the right answer can you please show me how to get the right answer.

Bill Johnson, sales manager, and Diane Buswell, controller, atCurrent Designsare beginning to analyze the cost considerations for one of the composite models of the kayak division. They have provided the following production and operational costs necessary to produce one composite kayak.

Kevlar	$250	per kayak
Resin and supplies	$100	per kayak
Finishing kit (seat, rudder, ropes, etc.)	$170	per kayak
Labor	$420	per kayak
Selling and administrative expensesvariable	$400	per kayak
Selling and administrative expensesfixed	$119,700	per year
Manufacturing overheadfixed	$240,000	per year

Bill and Diane have asked you to provide a cost-volume-profit analysis, to help them finalize the budget projections for the upcoming year. Bill has informed you that the selling price of the composite kayak will be $2,000.

(a)Calculate variable costs per unit.

Variable cost per unit

$1340

(b)Determine the contribution margin per unit.

Contribution margin per unit

$660

(c)Using the contribution margin per unit, determine the break-even point in units for this product line.

Break-even point

units 545

(d)Assume that Current Designs plans to earn $270,600 on this product line. Using the contribution margin per unit, calculate the number of units that need to be sold to achieve this goal.

Number of units

units 1157

(e)Based on the most recent sales forecast, Current Designs plans to sell 1,000 units of this model. Using your results from part (c), calculate the margin of safety and the margin of safety ratio.(Round margin of safety ratio to 1 decimal place, e.g. 25.5%.)

Margin of safety	$910000
Margin of safety ratio		45.5%