need help answering

Contribotion Margin, CVP, Net Income, Margin of Safety Nail Glow, Inc, produces novelty nail pollshes, Each bottie sells for $5,90. Variable unit costs are as follows: Fixed overhead costs are $34,475 per year. Fixed selling and administrative costs are $6,720 per year. Nail Glow sold 35,000 botties last yeari Required: 1. What is the contribution margin per unit for a bottle of nail polish? Round your answer to the nearest cent. per unit What is the contribution margin ratio? Round your answer to four decimal places, Use the rounded value in the subsequent computations. (Express as a decimal-based amount rather than a whole percent.) 2. How many botties must be soid to break even? bottles What is the break-even sales revenue? Round your answer to the nearest doliar, if rounding is required, Use the rounded value in the subsequent computations. 3. What was Nail Glow's operating income last year? 4. What was the margin of safety in revenue? Fxed overhead costs are $34,475 per year. Fxed seliling and administrative costs are $6,720 per year, Nail Glow soid 35,000 bottles fast year. Required: 1. What is the contribution margin per unit for a bottle of nail polish? Round your answer to the nearest cent. per unit What is the contribution margin ratio? Round your answer to four decimal places. Use the rounded value in the subsequent computations. (Express as a decimal-based amount rather than a whole percent.) 2. How many botties must be sold to break even? botties What is the break-even sales revenue? Round your answer to the nearest dollar, if rounding is required, Use the rounded value in the subsequent computations. 3. What was Nail Glow's operating income last year? 4. What was the margin of safety in revenue? 5. Suppose that Nail Glow, Inc, raises the price to $6.50 per bottle, but anticipated sales will drop to 28,750 bottles. What will the new breakeeven point in units be? Round your answer to the nearest whole number of units. botties Should Nail Glow raise the price