Sales level at which operating income is zero

oIf sales above breakeven, then profit

oIf sales below breakeven, then loss

oFixed expenses = total contribution margin

Total sales = total expenses

Break Even Point:Unit Sold = Fixed expenses + Operating Income / Contribution Margin per unit.

Break Even Point:Sales $ = Fixed expenses + Operating Income / Contribution Margin Ratio

Calculate the break even number of units if the fixed expenses are $7,000 and the contribution margin is $14 per unit.

(I need the break down and formula to understand the answer please)

Thank You