Problem 5.(20 pts). Cost. Volume Profit Analysis Please type your answers in the blue box below. Answers indicated outside the blue box will NOT be graded The Scooby Roo" company makes minister model vans for sale to customs of all ages. One of its most popular models is the "Rage Vin". The following data are available Sales price per unit $20/unit Duet Labor Cout perint $4/unit Duect Materials Cost per unit $2/anit Variable ovechend rate per inut 50.50/unit Variable SO&A costs per 11.50/unit Fixed telling and adeninistrative costs a $8,000 and fixed manufacturing costs total $4.000 Required Compute the following seven questions (SHOW AND LABEL your work 1. Compute the contribution margin (CM) per unit and the CM ratio for the "Raga Viu" model. (pt) Contribution Margin per unit Contribution margin ratio . 2. Prepare a contribution format income statement for the company assuming 2,000 units are soll (4 pte) 3. Compute the breakeven point in units for the "Raggy Van" model. (3 pts) 4. Compute the number of units needed to be sold to earn a desired net income of $225,000. (3 pts) 5. What sales price should the company charge if it sells 10,000 units and wants to make a profit of $200,000? (3 pts) 6. Assume the actual sales in units were 1500. Compute the company's Margin of Safety in percentage terms. Use original data. (3 pts) % Margin of Safety = (actual sales. BE sales actual sales