Matthew Manufacturing Co manufacutres and sells widgets. The fixed costs of the manufacturing company are $200,000 per month, and variable costs are $30 per widget. The widgets are sold for $45 per unit. The production capacity is 120,000 widgets. 1. Use the formulas from the chapter to comput the following: a. Contribution margin per widget b. Break-even point in terms of the number of widgets produced and sold. c. Amount of income at 40,000 widgets sold per month (ignore taxes). d. Amount of income at 95,000 widgets sold per month (ignore taxes). e. Number of widgets to be produced and sold to provide $60,000 in income (pretax). 2. Use the formulas from the chapter to compute the following: a. Contribution margin ratio b. Break-even point in terms of sales dollars. c. Amount of income at $350,000 of sales per month. d. Amount of income at $600,000 of sales per month