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P-2 (28 points) Dan's Dairy produces gourmet cheese. Each pound of cheese sells for $8 and has a variable cost of $6. Total fixed costs

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P-2 (28 points) Dan's Dairy produces gourmet cheese. Each pound of cheese sells for $8 and has a variable cost of $6. Total fixed costs are $125,000 per period. Show all supporting calculations Compute the unit contribution margin b. Compute the contribution margin ratio If sales revenue for the firm is $900, poo, compute total contribution margin and operating income. If sales revenue for the firm is $900,000, compute the operating leverage factor, Compute the breakeven point in units Compute the sales dollars needed to earn an operating income of $80,000

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