You are provided with the following data.

Unit sales $70,000$ units

Selling price per unit $$20$ per unit

Variable expenses per unit $$14$ per unit

Fixed expenses $$336,000$

Target Operating Profit $$1,580,000$

Required:

Compute the $CM$ ratio and variable expense ratio.

Contribution margin per unit $$6$

$CM$ ratio $30\%$

Variable expense ratio $70\%$

Compute the break$-$even.

Break$-$even $in$ unit sales $56,000$

Break$-$even $in$ dollar sales $$1,120,000$

Compute the target operating profit.

Target operating profit $in$ unit sales

Target operating profit $in$ dollar sales $$-$