Pringle company sells a single product. The company's sales and expenses for a recent month follows;

	Total	Per Unit
Sales	$600,000.00	$40.00
less Variable Expenses	$420,000.00	$28.00
contribution margin	$180,000.00	$12.00
less fixed expenses	$150,000.00
net operating income	$30,000.00

Required:

A: What is the monthly break even point in units sold and in sales dollars?

B: Without resorting to computations, what is the total contribution margin at the break even point?

C: How many units would have to be sold each month to earn a minimum target profit of $ 18,000? Use the contribution

margin method. Verify your answer by preparing a contribution margin income statement at the target level of sales.

D: Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms

Break down each step and show your work !!!