The Peace Company has the following functional (traditional) income statement for the prior month.

Problem 1: The Peace Company has the following functional (traditional) income statement for the priormonth.Sales($50 * 100,000 units) $5,000,000Cost of goods sold   Direct materials$1,200,000  Direct labor$950,000  Variable factory overhead$600,000  Fixed factory overhead$850,000$3,600,000 Gross profit  $1,400,000Selling and administrative expense    Variable$250,000  Fixed$120,000$370,000Operating income  $1,030,000There were no beginning and ending inventories.  Required:Calculate the contribution margin per unit.Calculate the contribution margin ratio.What is the break-even point in units?What is the amount of sales in dollars needed to obtain a before-tax profit of $40,000? Problem 2: Suzy Manufacturing has estimated monthly sales of 18,000 units for $48 per unit. Variable costs include manufacturing costs of $27 and distribution costs of $9 per unit. Fixed costs are $60,000 per month.Required Determine each of the following values.Unit contribution marginMonthly break-even unit sales volumeBefore-tax monthly profitMonthly margin of safety in units