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 special 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 $320 selling price per unit. Its fixed costs for the year are expected to be $316,800. Variable costs for the year are expected to be $224 per unit. 1. Estimate Product XT's break-even point in terms of sales units and sales dollars. (Do not round intermediate calculations.) Contribution Margin per unit Contribution margin $ Contribution Margin ratio Numerator: I / Denominator: = Contribution margin ratio 0 1(a) Estimate Product XT's break-even point in terms of sales units. (1 unit 100 yards) Numerator: Denominator: 1(b) Estimate Product XT's break-even point in terms of sales dollars. Numerator: Denominator: == Break-even units Break-even dollars 0 Contribution Margin per unit ion margin In ratio $ Plus: erator: Denominator: Less: 1 0 = Contribution margin ratio 0 1(a) Estimate Product XT's break-even point in terms of sales units. (1 unit = 100 yards) Numerator: Denominator: 1(b) Estimate Product XT's break-even point in terms of sales dollars. Numerator: Denominator: = Break-even units 0 =1 Break-even dollars 0 1. Estimate Product XT's break-even point in terms of sales units and sales dollars. (Do not round int Contribution Margin per unit Contributi Sales Variable cost Contribution margin Denominator: Contribution margin ratio 0 1(a) Estimate Product XT's break-even point in terms of sales units. (1 unit = 100 yards) Numerator: Denominator: 1(b) Estimate Product XT's break-even point in terms of sales dollars. Numerator: Denominator: Break-even units 0 Break-even dollars margin Contribution Margin ratio Numerator: 1 9 Denominator: = Contribution margin ratio 0 1(a) Estim Sales per unit Variable cost p per unit CM per unit Fixed costs oint in terms of sales units. (1 unit = 100 yards) Denominator: =1 Break-even units 0 1(b) Estimate Product XT's break-even point in terms of sales dollars. Numerator: Denominator: Break-even dollars 0 Numerator: Contribution margin Fixed costs 1(b) Estim Income Loss Sales Variable.cast Denominator: point in terms of sales dollars. Denominator: Break-even units 0 Break-even dollars 0 1(a) Estim Contribution margin Fixed costs Income Loss Sales 1(b) Estim point in terms of sales units. (1 unit = 100 yards) Denominator: Variable cost point in terms of sales dollars. Aumel qu Denominator: Break-even units 0 Break-even dollars 0