Ritchie Manufacturing Company makes a product that it sells for $150 per unit. The company incurs variable manufacturing costs of $60 per unit. Variable selling expenses are $18 per unit, annual fixed manufacturing costs are S480,000, and fixed selling and administrative costs are $240,000 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Use the equation method. b. Use the contribution margin per unit approach. c. Prepare a contribution margin income statement for the break-even sales volume Complete this question by entering your answers in the tabs below Req A to BReq C Prepare a contribution margin income statement for the break-even sales volume RITCHIE MANUFACTURING COMPANY Contribution Margin Income Statement