Using the formula, perform the CVP analysisofSportzWatch:

Forecast sales volume (units) 12 000

Sales price (per unit) $150

Variable cost (per unit) $120

Fixed costs $300 000

Total assets $750 000

Target return on assets 20%

From this informationcalculate the following:

Contribution margin (CM):

Contribution margin per unit (CMU)

Contribution margin ratio (CMR)

Break-even point in units (BPU)

Break-even point in dollars (BP$)

Estimated profit

Target profit

Units to achieve target profit

Revenue to achieve desired profit