Question 7. Assume the data for ABC Company in the table below and solve the following.

Expected Sales units	50,000 units
Estimated Selling price per unit	$10 per unit
Estimated Variable cost per unit	$5 per unit
Estimated Fixed cost	$100,000

1. What is the income from operations?
2. What is the contribution margin ratio?
3. What is the unit contribution margin?
4. What is the break-even point in units?
5. What is the break-even point in dollars?
6. What is the margin of safety?
7. Calculate sales in units to earn a target profit of $250,000.