The Oceanside Garden Nursery buys flowering plants in four-inch pots for $1.00 each and sells them for $2.50 each. Management budgets monthly fixed costs of $2,100 for sales volumes between 0 and 5,000 plants.

DATA Description Amount Sales price per unit Variable cost per unit Contribution margin per unit Total fixed costs Profit at breakeven Target profit Requirement 1 Use the contribution margin approach to compute the company's monthly breakeven in units. Reference the cell(s) in the DATA table above when constructing your breakeven formula below. Do not use target profit in this calculation. Format as a number. Always use cell references and formulas where appropriate to receive full credit.) Breakeven in Units Requirement 2 Use the contribution margin ratio approach to compute the breakeven point in sales dollars. Reference the DATA cell(s) in your fdrmula for contribution margin ratio below. Do not use target profit in these calculations. Format the ratio as a percentage and the breakeven in dollars as accounting number format in whole dollars. (Always use cell references and formulas where appropriate to receive full credit.) Contribution margin ratio Breakeven in Dollars Requirement 3 Use the contribution margin approach to compute the monthly sales level (in units) required to earn a target operating income of $5,000 Reference the cell(s) in the DATA table above when constructing your target sales level formula below. Format as number Use the Excel ROUNDUP function to obtain whole units to reach the target operating income. (Always use cell references and formulas where appropriate to receive full credit.) Target sales level (in units)