Nancy company has the following information for a project in which they expect to sell 40,000 units: Sales price $300 per unit Direct Material $60 per unit Direct Labour $90 per unit Variable Overhead $21 per unit Sales Commission 3.0% of sales Fixed Overhead $2,000,000 a Calculate the following. You must use formulas and show all your work to receive marks. Label your answers clearly. Requirements are worth 3 marks each for a total of 15 marks 1. Calculate the contribution margin ratio 2. Calculate break-even point sales of units I 3. Calculate break-even point in dollars 4. Calculate the margin of safety in units 5. Calculate the margin of safety in dollars