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Please do b) ABC Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020: Net sales

Please do b)

ABC Corporation sells a single product for $50. Its management estimates the following revenues and costs for the year 2020:
Net sales $525,000 Selling expensesvariable $19,700
Direct materials 153,800 Selling expensesfixed 18,100
Direct labour 59,900 Administrative expensesvariable 10,100
Manufacturing overheadvariable 19,000 Administrative expensesfixed 9,200
Manufacturing overheadfixed 18,000

(a)

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Assuming fixed costs and net sales are spread evenly throughout the year, determine YUXs monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.)
Monthly break-even in units

151 units
Monthly break-even in dollars $

7,550

(b)

Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. (Round answers to 0 decimal places, e.g. 15 or 15%.)
Contribution margin ratio

%
Annual margin of safety ratio

%
Annual profit $

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