Munoz Company reported the following data regarding the product it sells:

Sales price	$60
Contribution margin ratio	10%
Fixed costs	$144,000

Required

Use the contribution margin ratio approach and consider each requirement separately.

What is the break-even point in dollars? In units?

To obtain a profit of $48,000, what must the sales be in dollars? In units?

If the sales price increases to $72 and variable costs do not change, what is the new break-even point in dollars? In units?