Patient Medical Products Ltd., manufactures a single product and has the following sales and expenses for the last year at a volume of 20,000 units. Sales Less: Variable Costs Contribution Margin Less: Fixed Costs Operating Income Total $ $400,000 300,000 100,000 40,000 $ 60,000 Required: 1. Calculate Break Even in Sales dollars. (1 Mark) 2. Calculate Break Even in Units. (1 Mark) ling 3. Calculate the company's margin of safety in dollars. (1 Mark) 4. Calculate the company's margin of Safety percentage. (1 Mark) 5. Explain the relationship between the break-even point and net operati income with respect to the unit contribution margin for each additiona unit sold. (1 Mark) At a sales volume of 32,000 units, Mojo Company's total fixed costs are $64,000 and total variable costs are $60,000. (Do not round intermediate calculations) If CD Company were to sell 50,000 units, the total expected cost per unit would be: Select one: $2.48. $3.16. KO $3.20. $3.88