Patrick Ross has three booth rental options at the county fair where he plans to sell his new product. The booth rental options are: $1,400 fixed fee, or $1725 fixed fee + 10% of all revenues generated at the fair, or 20% of all revenues generated at the fair. Option 1: Option 2: Option 3: The product sells for $25 per unit. He can purchase the units for $11 each. a. Compute the breakeven point for each option. b. What is the margin of safety assuming 1000 are sold, for option (1)? QUESTION (2) Nancy's Niche sells a single product. 8,000 units were sold resulting in $80,000 of sales revenue, $16,000 of variable costs, and $10,000 of fixed costs. The contribution margin per unit is?