QUESTION 3 Your business has the following estimates for the year:- Sales (20,000 units) Fixed Costs Variable Costs Profit Required; $600,000 $30,000 $480,000 $90,000 NB: You are to round your final answers to two (2) decimal places. A. Calculate the contribution margin and the contribution margin percentage. B. Calculate the sales break-even point for the business. C. If the business has a target profit of $120,000 what level of sales revenue is required? D. If the business wishes to maintain the target profit of $120,000 and also launch a marketing campaign costing $45 000 per annum, what amount of sales revenue will be required? e A. Calculate the contribution margin & contribution margin %. ANSWER: B. Calculate the sales break-even point for the business. ANSWER: C. If the business has a desired profit target of $120,000, what level of sales is required? ANSWER: D. Sales revenue to include target profit $120,000 & additional fixed costs $45,000