Required Information [The following information applies to the questions displayed below.] Praveen Company manufactures and markets a number of rope products. Management is considering the future of Product XT, a speclal rope for hang gliding that has not been as profitable as planned. Because Product XT is manufactured and marketed independently of the other products, its total costs can be precisely measured. Next year's plans call for a $250 selling price per unlt. Its fixed costs for the year are expected to be $500,000. Varlable costs for the year are expected to be $150 per unit. Estlmate Product XT's break-even point In terms of sales units and sales dollars. (Do not round Intermedlate calculations.) 2. Prepare a contribution margin Income statement for Product XT at the break-even point