Return I - Davis, Managerial Accounting, Je Help Systern Announcements Grace Period: 2 days left Register Now CALCULATOR PRINTER VERSION BACK NEXT Exercise 3-9 Josh Ward is a young entrepreneur preparing to start a company that will sell reating lounge chairs for use in private pools. As part of a loan package, the bank has asked him to prepare a business plan that includes a break even analysis. The lounge chairs will sell for $61 each and variable costs per unit are expected to be 141. Josh anticipates incurring 1490,000 in fixed costs per year What is the expected contribution margin per lounge chair? per chair LINK TO TEXT LINK TO TEXT Based on his projections, how many lounge chairs must losh sell to break even? (Use contribution chairs LINK TO TEXT LINK TO TEXT I Josh wants to generate annual operating income of $60,800, how many lounge chairs must be sell? (Une contribution margin per unit to calculate the answer.) chairs LINK TO TEXT LINK TO TEXT IN TO VIDEO LETO VIDEO Assuming the company's tax rate is 35%, how many lounge chairs must the company sell to generate annual net income of $76,180? (Round answer to Use contribution margin per unit to calculate the answer.) decimal places, e.g. 5,275 LINK TO TEXT LINK TO TEXT