Use formulas 2. Suave Jeans Co. sells jeans wholesale to major retailers across the country. Each pair of jeans has a selling price of $50 with $40 variable costs of goods sold. The company has fixed manufacturing costs of $1,250,000 and fixed marketing costs of $250,000. Required: a) How many jeans must Suave Jeans sell in order to break even? Use the Shortcut Contribution Margin Method. (10 marks) b) Use the equation method to determine how many jeans the company need to sell in order to reach a target profit of $320,000. (10 marks) c) If the company currently sell 275,000 jeans, what is the margin of safety in units and dollars? Based on your analysis, indicate whether the company is a risky business or not. (18 marks)