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1. Executives of Studio Recordings, Inc. produced the latest compact disc by the Starshine Sisters Band, titled Sunshine/Moonshine. The following cost information pertains to the new CD: CD package and disc (direct material and labor) $1.25/CD Songwriters' royalties $0.35/CD Recording artists' royalties $1.00/CD Advertising and promotion $275,000 Studio Recordings, Inc.'s overhead $250,000 Selling price to CD distributor $9.00 Calculate the following: a. Contribution per CD unit b. Break-even volume in CD units and dollars Net profit if 1 million CDs are sold d. Necessary CD unit volume to achieve a $200,000 profit c