Shelhorse Corporation produces and sells a single product. Data concerning that product appear below:

Per Unit

Percent of Sales

Selling price

$

170

100

%

Variable expenses

68

40

%

Contribution margin

$

102

60

%

Fixed expenses are$346,000 per month. The company is currently selling4100 units per month.

Required:

Calculate the Following:

Contribution Margin Ratio:

%

Break Even point in Sales Dollars (rounded to the whole dollar)

$

Margin of Safety in Units (nearest whole units)

Units