Problem 11-28A (Algo) Determining the break-even point and preparing a contribution margin income statement LO 11-3, 11-5 Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $76 per unit. Variable selling expenses are $14 per unit, annual fixed manufacturing costs are $352,000, and fixed selling and administrative costs are $266,000 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, Complete this question by entering your answers in the tabs below. Reg A to B Regc Determine the break-even point in units and dollars using the equation method and the contribution margin per unit approach. Reg A to B Reqc Determine the break-even point in units and dollars using the equation method and the contribution margin per uni approach 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 Complete this question by entering your answers in the tabs below. Req A to B Reqc Prepare a contribution margin income statement for the break-even sales volume. RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement