Problem $3-18$A $($Algo$)$ Analyzing change in sales price using the contribution margin ratio LO $31,3-2$

Solomon Company reported the following data regarding the product it sells:

Sales price

$$60$

$25\%$

$$360,000$

Required

Use the contribution margin ratio approach and consider each requirement separately.

a$.$ What is the break$-$even point in dollars? In units?

b$.$ To obtain a profit of $$30,000,$ what must the sales be in dollars? In units?

c$.$ If the sales price increases to $$75$ and variable costs do not change, what is the new break$-$even point in dollars? In units?

$\backslash$table$[[$a$.$ Break$-$even point in dollars,$],[$a$.$ Break$-$even point in units,$],[$b$.$ Sales in dollars,$],[$b$.$ Sales in units,$],[$c$.$ Break$-$even point in dollars,$],[$c$.$ Break$-$even point in units,$]]$