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Megalo Mart sold 1 , 0 0 0 units last month which yielded the income statement below.Sales $ 2 0 , 0 0 0 Variable

Megalo Mart sold 1,000 units last month which yielded the income statement below.Sales $20,000Variable Expenses 12,000Contribution Margin 8,000Fixed Expenses 6,000Net Income $2,000Answer the questions that follow using the given information.What is Megalo Mart's contribution margin per unit?What is the contribution margin ratio?What is the break-even point in units?What is the break-even point in dollars?How many units have to be sold to reach a target profit of $5,000?

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