SouthCo manufactures and sells a single product. The following information is available regarding sales and costs for the last quarter of the year: Fixed costs 40 Variable costs 140,000 14 a) What is the contribution margin per unit? IContribution margin per unit = $ b) What is the company's CM ratio? Please make sure your final answer(s) are in percentage form and are accurate to the nearest whole percent. (For example: 12%) CM ratio = % c) What is the quarterly break-even point in units? IBreakeven point in units = units d) What is the quarterly break-even paint in dollars? IBreakeven point in dollars = $ I e) How many units would have to be sold each quarter to earn a target profit of $78,000? [T s | f) Verify your answer in e) by preparing a contribution margin income statement at the target sales level. (Select one) (Select one) (Select one) (Select one). (Select one) (Select one) (Select one) (Select one) g) Refer to the original data. Compute the company's margin of safety in dollars. Margin of safety = $ I h) Refer to the original data. Compute the company's margin of safety percentage. Please make sure your final answer(s) are in percentage form and are accurate to the nearest whole percent. (For example: 12%) Margin of safety = % i) If sales increased by $40,000 per quarter and there is no change in fixed costs, by how much would you expect quarterly operating income to increase? Operating income increases by $