Wesley Company manufactures and sells a single product. The company's income statement at sales level of 5,000 units for last quarter follows Sales Less: Variable expenses Contribution margin Less: Fixed expenses Het operating income Total $200,000 120,000 80,000 60,000 $ 20,000 Required: 1. What is the monthly break-even point in units sold and in sales dollars? (Round your intermediate calculations and final answers to the nearest whole number.) Break.even Point Break-even point in units sold Break-even point in sales dollars 2. Without resorting to computations, calculate the total contribution margin at the break-even point for the quarter Total contribution margin 3-o. How many units would have to be sold each quarter to earn a target profit of $68,800? Use the formula method Units sold to attain target profit 3-b. Verify your answer by preparing a contribution format income statement at the target level of sales Total Unit Sales 128,800