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UX Corporation sells a single product for $40. Its management estimates the following revenues and...

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Accounting

UX Corporation sells a single product for $40. Its management estimates the following revenues and costs for the year 2020:
Net sales $420,000 Selling expensesvariable $22,000
Direct materials 97,500 Selling expensesfixed 19,000
Direct labour 62,700 Administrative expensesvariable 9,400
Manufacturing overheadvariable 18,400 Administrative expensesfixed 9,600
Manufacturing overheadfixed 11,720
Assuming fixed costs and net sales are spread evenly throughout the year, determine YUXs monthly break-even point in units and dollars. (Round answers to 0 decimal places, e.g. 5,275.)
Monthly break-even in units

units
Monthly break-even in dollars $

Calculate the contribution margin ratio, the annual margin of safety ratio, and the annual profit. (Round answers to 0 decimal places, e.g. 15 or 15%.)
Contribution margin ratio

%
Annual margin of safety ratio

%
Annual profit $

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