Problem 4: (20 points) CVP Analysis, Target Profit, and Margin of Safety Jack's Guitars sells guitars and accessories. One of the company's products, a Gibson guitar, sells for $1,200 per guitar. Variable expenses are $700 per guitar and fixed expenses associated with this model of guitar total $80,000 per month Required: 1) What is the breakeven point in unit sales? 2) What is the breakeven point in sales dollars? 3) If the company is currently selling 185 units, what is the margin of safety in both dollar and percentage terms? 4) How many units would have to be sold each month to attain a target profit of $50,000