Thornton Company incurs annual fixed costs of $59,960. Variable costs for Thornton's product are $27.20 per unit, and the sales price is $40.00 per unit. Thornton desires to earn an annual profit of $61,000. Required Use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit. Note: Do not round intermediate calculations. Round your final answers to the nearest whole number. Sales in dollars Sales volume in units 22 ints 1 Zachary Corporation produces products that it sells for $21 each. Variable costs per unit are $8, and annual fixed costs are $266,500. Zachary desires to earn a profit of $36,400. Required a. Use the equation method to determine the break-even point in units and dollars. b. Determine the sales volume in units and dollars required to earn the desired profit. eBook Print References a. Break-even point in units a. Break-even point in dollars b. Sales volume in units b. Sales in dollars 4 22 Vernon Corporation produced 203,000 watches that it sold for $19 each during year 2. The company determined that fixed manufacturing cost per unit was $8 per watch. The company reported a $1,015,000 gross margin on its year 2 financial statements. ints Required eBook Hint Determine the variable cost per unit, the total variable cost, and the total contribution margin. Variable cost per unit Total variable cost Total contribution margin