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Previous Page Next Page Page 2 of 3 Question 11 (5 points) Saved Cost volume profit analysis Hill View produces a single product The projected income statement for the coming year is as follows Sales (40,000 units (@ $35) $1,400,000 Total variable cost $(800,000) Contribution margin $600,000 Total fixed cost $(250.000) Operating income $350,000 Required: a. Compute the break-even point in units and sales dollars (Note: round to the nearest unit and dollar) Format BIU Contribution margin per unit=$600,000/40000=$15 Break even point in units=Fix cost/Contribution hits rit Operating : 2 Finan 213 Liquid : 3 DELL Imest : 4