1. Montreal Seating Co., a manufacturer of chairs, had the following data for 2020:

Sales	2,800 units
Sales price	$50 per unit
Variable costs	$30 per unit
Fixed costs	$50,000

1. Determine the contribution margin, contribution margin ratio, break-even point in units, break-even point in dollars, margin of safety in units, margin of safety in dollars, margin of safety percentage, and operating leverage.
2. Montreal Seating Cos income tax rate is 40%. The company has a target net income of $12,000. How many units are needed to be produced and sold to achive this target?
3. Company now produces and sells dining tables as well. Fixed costs are now $64,000. Each dining table is sold for $200 and has a unit variable cost of $120. For each dining table sold, four chairs are sold. What is the break even in unit sales and dollars for each type of product at the current sales mix?