Snap Company has the following information available: Direct Materials 9.00 per unit Direct labor 7.00 per unit Variable Overhead 5.00 per unit Variable Selling & Administrative 3.00 per unit Fixed overhead costs arc exist40,000 annual and fixed selling and administrative costs arc exist32,000 annually. Selling price is exist32.00 per unit REQUIRED: A. Compute the following amounts: 1. Selling price per unit 2. Total variable costs per unit 3. Contribution margin per unit 4. Contribution margin ratio 5. Total annual fixed costs 6. Break-even point in units 7. Break-even point in dollars B. Snap Company is currently selling 15,000 units Compute the following amounts: 1. Net Income 2. Margin of Safety in Dollars 3. Margin of Safety Ratio 4. What use can management make of the margin of safety information? C. Compute the following amounts: 1. If Snap Company would like to have exist80,000 of net income, how many units would have to be sold? 2. If Snap Company would like to have exist64,000 of net income, how many units would have to be sold? 3. By what amount must fixed costs be decreased if Snap Company would like to have exist64,000 of net income, but can sell only 16,000 units? D. Snap Company has a plan under which the selling price would be decreased by exist2 per unit and fixed costs would be increased by exist3,000. Compute the following amounts under this new plan: 1. New break-even point in units. 2. Unit sales required to achieve a exist48,000 target net income 3. The amount by which selling price must be increased if Snap would like to have exist48,000 of net income, but can only sell 15,000 units. 4. If this plan also caused an increase in unit sales of 20% over the current sales of 15,000 units, should this plan be accepted' Why or why not? 5. If this plan also caused an increase in unit sales of 30% over the current sales of 15,000 units, should this plan be accepted' Why or why not