The following data pertain to costs and revenue estimates for a proposed new product (Endure) to be manufactured by Mi Electronics, Inc. (NOTE: The product is sold only through retailers. No wholesalers are involved) Cass Marker size & revenue estimates Ingredients (per unit) $11.00 Total market size (in units) 2.500,000 Packaging (per unit) $5.40 Total market size (in retail dollars) $300.000.000 Forecasted sales of Endure (in Manufacturing (per unit) $6.00 units) 200,000 Selling price to retailers (i.e. Delivery (per unit) $3.50 revenue received by MI Electronics, Inc.) $70,00 Miscellaneous (per unit) $8.60 Fixed manufacturing overheads allocated to Endure $3,500,000 General office overheads allocated to Endure $ 500,000 Advertising. & promotion expenses for Endure $1,000,000 Calculate the following: a) Retailers' margin percent (%) (Hint: You will need to first determine an average retail price for Endure by dividing the dollar market size by the unit market size) (1 point) b) Contribution per unit earned by MI Electronics (1 point) c) MI Electronics' contribution margin (1 point) d) MI Electronics' breakeven volume in units (2 points) e) MI Electronics' breakeven volume in dollars (2 points) f) MI Electronics' breakeven share of market, i.e. its market share at the breakeven point (3 points) 2) MI Electronics' total contribution at the forecasted level of sales (3 points) Volume (in units) needed for Mi Electronics' to achieve $2,000,000 profit (2 points)