Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 16,000 units at a price of $320 each. Product costs include: Direct materials $68 Direct labor $40 Variable overhead $12 Total fixed factory overhead $500,000 Variable selling expense is a commission of 5 percent of price; fixed selling and administrative expenses total $ 116, 400. Required: 1. Calculate the sales commission per unit sold. Calculate the contribution margin per unit. 2. How many units must Jay-Zee Company sell to break even? Prepare an income statement for the calculated number of units. 3. Calculate the number of units Jay-Zee Company must sell to achieve target operating income (profit) of $333, 408. 4. What if the Jay-Zee Company wanted to achieve a target operating income of $322,000? Would the number of units needed increase or decrease compared to your answer in Requirement 3? Compute the number of units needed for the new target operating income. Break-Even Sales: Sales for Target Profit Health-Temp Company is a placement agency for temporary nurses. It serves hospitals and throughout the metropolitan area. Health-Temp Company believes it will place temporary nurses for a total of 23, 500 hours next year. Health-Temp charges the hospitals and clinics $90 hour and has variable costs of $75.60 per hour (this includes the payment to the nurse) Total costs equal $321,000. Required: Calculate the contribution margin per unit and the contribution margin ratio. Calculate the sales revenue needed to break even. Calculate the sales revenue needed to achieve a target profit of $100,000