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Silicon Valley Company's estimated formulas are as follows: Sales and Costs Formulas Sales line Y= 5X Costs line Y= X + $2,000 Required: 1. Define

image text in transcribed Silicon Valley Company's estimated formulas are as follows: Sales and Costs Formulas Sales line Y= 5X Costs line Y= X + $2,000 Required: 1. Define the profit function. 2. Contribution Margin ratio? 3. What is the break-even point in units ? 4. If the company sets the target profit of $4,000, how much is target sales

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