LMN Products manufactures a single product and sells it for $50 per unit. The following data is available:

• Variable cost per unit: $20
• Fixed costs: $30,000

1. Calculate the contribution margin per unit and the contribution margin ratio for LMN Products. b. Determine the breakeven point in units and dollars for LMN Products. c. If LMN Products wants to achieve a target profit of $10,000, how many units must be sold? d. Calculate the margin of safety in units and as a percentage for LMN Products.