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Us the following info to answer the 4 questions below: Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is

Us the following info to answer the 4 questions below: Tom's Tire Tower, Inc., sells tires for $110. The unit variable cost per tire is $85. Fixed costs total $475,000.

1) What is the contribution margin per tire?

2) What is the breakeven point in tires?

3) How many tires must be sold to earn a pretax income of $450,000?

4) What is the margin of safety, assuming 33,000 tires are sold?

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