Lansington Company manufactures and sells toys. The selling price of the clothing is $120 per unit and variable costs amount to $75 per unit. Lansington Company incurs fixed costs of $500,000 each period. a b. c. d. e. What is the contribution margin per unit of product What is the contribution margin ratio What is Lansington Company's break even point in units What is Lansington Company's break even point in dollars Calculate the margin of safety The president is under pressure from stockholders' to increase net income by $80,000 next year. Compute the number of units that would have to be sold to reach the stockholders' desired profit level