1. Titan Beverages
   • Sales price: $40.00 per unit
   • Variable manufacturing cost: $20.00 per unit
   • Fixed manufacturing cost: $10,000 total
   • Fixed selling and administrative cost: $3,000 total
   • Planned production and sales: 7,000 units
   • Actual production and sales: 7,500 units
   • Required:
     1. Compute the break-even point in units.
     2. Prepare the pro forma income statement in contribution format that would appear in both the master and flexible budgets.