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Massey Company reported the following data regarding the product it sells Sales price Contribution margin ratio Fixed costs $ 7e 2ex $336, eee Required Use

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Massey Company reported the following data regarding the product it sells Sales price Contribution margin ratio Fixed costs $ 7e 2ex $336, eee Required Use the contribution margin ratio approach and consider each requirement separately. a. What is the break-even point in dollars? In units? b. To obtain a profit of $42,000, what must the sales be in dollars? In units? c. If the sales price increases to $80 and variable costs do not change, what is the new break-even point in dollars? In units? Answer is complete but not entirely correct. a Break-even point in dollars Break-even point in units Sales in dollars $ 1,680,000 24,000 $ 1,890,000 b ya

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