Northwood Company manufactures basketballs. The company has a ball that sells for $32. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totalling $22.40 per ball, of which 70% is direct labor cost. Last year, the company sold 52,000 of these balls, with the following results: Northwood Company manufactures basketballs. The company has a ball that sells for $32. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totalling $22.40 per ball, of which 70% is direct labor cost. Last year, the company sold 52,000 of these balls, with the following results: Compute the CM ratio and the break-even point in balls. (Do not round intermediate calculations.) Required: Compute the CM ratio and the break-even point in balls. (Do not round intermediate calculations.)