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NelWull houstres, a firm that makes very cheap, discounted bowling balls. Here's the essential information on this production operation, and keep in mind that when

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NelWull houstres, a firm that makes very cheap, discounted bowling balls. Here's the essential information on this production operation, and keep in mind that when we use the term 'unit' we're referring to each bowling ball produced Timberwolf: Sale price per unit $10 Variable costs per unit: Direct Materials Direct Labor Variable portion of Mfg OH Total variable cost per unit Q#1: What is the contribution margin (CM) per unit? (Explain and show the calculation) O#2: What is the contribution margin ratio? (Explain and show the calculation) ON3: If the company sells 1,000 units, what are the contribution margin and the contribution margin ratio? If the company sells 1 million units what are the contribution margin and the contribution margin ratio? (Explain and show the calculations) O#4: Using the data provided earlier for the unit sale price and unit variable costs: a) If the operation's total fixed costs are $1 million annually, how many units will the company need to sell each year in order to break even? How much in annual sales dollars (sales revenue) Will the company need to sell in order to break even? b) If the operation's total fixed costs are $2 million annually, how many units will the company need to sell each year in order to break even? How much in annual sales dollars (sales revenue) will the company need to sell in order to break even? c) Continuing from the breakeven result in Part (b) above, if the company's sales staff anticipate that during the upcoming year the firm will be able to sell 700,000 bowling balls, calculate the margin of safety and express the answer in sales dollars and as a ratio 0 5 Using the same data provided earlier for the unit sale price and unit variable costs, and also given that the company's annual total fixed te $1 million

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