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Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 240 Variable expenses

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Shelhorse Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 240 Variable expenses 120 100 50 50 % % Contribution margin $ 120 Fixed expenses are $352,000 per month. The company is currently selling 4700 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

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