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Break-Even Units, Contribution Margin Ratio, Margin of SafetyKhumbu Company's projected profit for the...

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Accounting

Break-Even Units, Contribution Margin Ratio, Margin of SafetyKhumbu Company's projected profit for the coming year is as follows: Total Per UnitSales$1,308,000 $24.00Total variable cost601,68011.04Contribution margin$ 706,320 $ 12.96Total fixed cost577,613 Operating income$ 128,707 Required:1. Compute the break-even point in units. If required, round your answer to nearest whole value.fill in the blank 1 units2. How many units must be sold to earn a profit of $240,000? If required, round your answer to nearest whole value.fill in the blank 2 units3. Compute the contribution margin ratio. If required, round your answer to nearest whole number.fill in the blank 3%Using the rounded ratio from above, compute the additional profit that Khumbu would earn if sales were $160,000 more than expected.$fill in the blank 44. For the projected level of sales, compute the margin of safety in units.fill in the blank 5 units

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