Show your work to get any partial credit. Give me the formula that you might use or show other thought process. If you just give me an answer and it's not the right one, you will get zero points for that question. Other formulas needed outside of the reading material: Sales Variable expensesFixed expenses +Profit Sales Quantity Units Profit = (Sales x CM ratio)-Fixed Cost Review Problems: Contribution margin and ratio Problem 1: (10 points) Sales per unit $250 Variable Cost per unit- $150 Units-350 1. Calculate Contribution Margin Per Unit (2 points) 2. Calculate Contribution Margin (CM) Ratio Per Unit (3 points) 3. Calculate Total Contribution Margin (CM) Dollars (5 points) Problem 2: (5 points) Sales $5,000,000 CM Ratio 0.40 Fixed cost $1,600,000 1. Calculate Profit. Problem 3:(5 points) A company has budgeted sales of $200,000, a profit of $60,000 and fixed expenses of $40,000. 1. Calculate contribution margin ratio. Review Problem : Break-even point