Rooney Company makes and sells products with variable costs of $$24$ each. Rooney incurs annual fixed costs of $$466,200.$ The current sales price is $$87.$

Note: The requirements of this question are interdependent. For example, the $$252,000$ desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $$80$ sales price introduced in Requirement d applies to the subsequent requirements.

Required

d$.$ If the sales price drops to $$80$ per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format.