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The income Contribution Style statement of Frog Enterprises for 2019 appears below. FROG ENTERPRISES Income Statement For the Year Ended December 31, 2019 Sales (50,000

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The income Contribution Style statement of Frog Enterprises for 2019 appears below. FROG ENTERPRISES Income Statement For the Year Ended December 31, 2019 Sales (50,000 units) Variable expenses .... Contribution margin Fixed expenses Net income (loss) $1,500,000 1,125,000 375,000 400,000 $ (25,000) Instructions Answer the following independent questions and show computations using the contribution margin technique to support your answers: 1. What was the company's break-even point in sales dollars in 2019? 2. How many units would the company have had to sell in 2019 in order to earn net income of $60,000? 3. If the company is able to reduce variable costs by $3.00 per unit in 2019 and other costs and unit revenues remain unchanged, how many units will the company have to sell in order to earn a net income of $60,000

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