Monthly income statement Sales: 5000 units @ $120/unit 600,000 Less: Cost of Goods Sold Variable Production Costs 425,000 Fixed Production Costs 32,000 Gross Margin 143,000 Selling and Administrative Expenses Variable Selling Cost 36,000 Fixed Selling Expenses 12,200 Net Income Before Taxes 94,800 1. Calculate breakeven in both units and revenue 2. Calculate COGS if: Market will bear