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Contribution Margin Ratio, Break-Even Sales Revenue, Sales Revenue for-Target Profit Schylar Pharmaceuticals, Inc, plans to sell 110,000 units of antibiotic at an average price of $16 each in the coming yeac: Total variable costs equal $599,400. Total fixe costs equal $7,100,000. Required: 1. What is the contribution margin per unit? Round your answer to the nearest cent. What is the contnbution margin ratio? Round your answer to two decimat places. (Cxpress as a decimal-based answer rather than a whole persent amount.) 2. Calculate the sales revenue needed to break even, Round your answer to the nearest dollar, 1 3. Calculate the sales revenue needed to achieve a target profit of $260,000. Round your answer to the nearest dollar: 5 4. What if the average price per unit increased to $17,50 ? Recalculate the following: a. Contribution margin per unit. Round your answer to the nearest cent. s b. Contribution margin ratio. Enter your answer as a decimal value (not a percentage), rounded to four decimal places. c. Sales revenue needed to break even. In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest dollar. d. Sales revenue needed to achieve a target profit of $260,000, In your computations, use your rounded answer from part (4-b) above for the contribution margin ratio, and round your final answer to the nearest doliar

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