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statement LO 11-3, 11-5 Ritchie Manufacturing Company makes a product that it sells for $140 per unit. The company Incurs variable manufacturing costs of $61 per unit. Variable selling expenses are $16 per unit, annual fixed manufacturing costs are $380,000, and fixed seling and administrative costs are $281,500 per year Required Determine the break-even point in units and dollars using each of the following approaches a. Use the equation method b. Use the contribution margin per unit approach c. Prepare a contribution margin income statement for the break-even sales volume K nes Reg A to B Reqc Determine the break-even point in units and dollars using the equation method and the contribution margi approach. 5 a. Break-even point in units Break-even point in dollars b. Contribution margin per unit Break-even point in units Break-even point in dollars Req Ato B Reqc > Complete this question by entering your answers in the tabs below. Req A to B Redc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement