Last month. Laredo Company sold 650 units for $125 each. During the month, fixed costs were $8.850 and variable costs were $75 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to the nearest whole percentage.) Unit Contribution Margin Contribution Margin Ratio % Required Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the break-even point in units and sales dollars. (Round your answers to the nearest whole number.) Units Break-Even Units Break-Even Sales Dollars Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute Laredo's margin of safety in units and as a percentage of sales. (Round your intermediate calculations to the nearest whole number. Round your Percentage of Sales answer to 4 decimal places (i.e. 0.123456 should be entered as 12.3456%)). Margin of Safety Margin of Safety as Percentage of Sales Units %