Question 4 (15 marks) Alice company has the following information for a project in which they expect to sell 60,000 units: Sales price $500 per unit Direct Material $140 per unit Direct Labour $80 per unit Variable Overhead $4 per unit Sales Commission 6.0% of sales Fixed Overhead $8,000,000 Calculate the following. You must use formulas and show all your work to receive marks. Label your answers clearly. Requirements are worth 3 marks each for a total of 15 marks 1. Calculate the contribution margin ratio 2. Calculate break-even point sales of units 3. Calculate break-even point in dollars 4. Calculate the margin of safety in units 5. Calculate the margin of safety in dollars