Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40% margin based on the...

Advanced Electronics manufactures DVDs and sells them directly to retailers who typically sell them for $20. Retailers take a 40% margin based on the retail selling price. Advanced's cost information is as follows:

DVD package and disc                                  $2.50/DVD

Royalties                                                        $2.25/DVD

Advertising and promotion                            $500,000

Overhead                                                       $200,000

Calculate the following:

1. contribution per unit and contribution margin
2. break-even volume in DVD units and dollars
3. volume in DVD units and dollar sales necessary if Advanced's profit goal is 20% profit on sales.
4. net profit if 5 million DVDs are sold

Please show work