Question 1 Needs Grading Team Spirit imprints calendars with college names. The company has fixed costs of $1,035,000 each month plus variable costs of $3.60 per carton of calendars. Team Spirit sells each carton of calendars for $10.50 Given the above information, calculate the CONTRIBUTION MARGIN and CONTRIBUTION MARGIN RATIO for Team Spirit. Question 2 Needs Grading Compute the breakeven point in BOTH UNITS AND DOLLARS Question 3 Needs Grading If Team Spirit wants to earn $285,000 of new income next month, what would the required SALES be in DOLLARS AND UNITS? Question 4 Needs Grading In anticipation of a 15% increase in variable costs, Team Spirit will increase its selling price by 12%. EXPLAIN the impact that these changes will have on the breakeven point