Grout Footwear Inc Required:
A $\quad$ $\quad$ $\$\underline{\quad\quad}\text {per unit}$

Grout Footwear Inc. ,sells a single product,wicket-keeping boots.The company's most recent income statement is given below.
$$\begin{array} { l r } \text { Sales (8000 units) } & \$ 240000 \\\text { Less variable expenses } & ( 136000 ) \\\text { Contribution margin } & 104000 \\\text { Less fixed expenses } & \$ ( 80000 ) \\\text { Net profit } & \$ 24000\end{array}$$
Required:
a. Contribution margin per unit is $\quad$ $\quad$$\$\underline{\quad\quad}\text {per unit}$
b. If sales are doubled to $\$ 480000$ , total variable costs will equal $\quad$ $\quad$$\$\underline{\quad\quad}$
c. If sales are doubled to $\$ 480000$ , total fixed costs will equal $\quad$ $\quad$$\$\underline{\quad\quad}$
d. If 10 more units are sold, profits will increase by $\quad$ $\quad$$\$\underline{\quad\quad}$
e. Compute how many units must be sold to break even. $\quad$ $\quad$$\#\underline{\quad\quad}$
f. Compute how many units must be sold to achieve profits of $\$ 40000$ . $\quad$ $\quad$$\#\underline{\quad\quad}$

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