Stratford Company distributes a lightweight lawn chair that sells for $32 per unit. Variable expenses are $16 per unit, and fixed expenses total $200,000 annually. Results for last year are as follows: Sales (30,000 units) Variable expenses $ 960,000 480,000 Contribution margin Fixed expenses 480,000 200,000 Operating income $ 280,000 Required: 1. Calculate the company's CM ratio and its break-even point in sales dollars and in units. CM ratio Break-even point in sales dollars Break-even point in units