If there are 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the following information. Cost of...

If there are 600 units to be produced and sold, a per unit selling price of $85, an income tax rate of 28% and the following information.

a.      Cost of goods sold of $35 per unit

b.     Labor = $400/month

·  One part-time employee will be hired to take care of packaging and shipping. This employee will be paid $10 per hour. He or she is estimated to work 40 hours total per month.

c.      Advertising fees = $3,000

d.     Bank fees = $200

e.     Phone/internet = $150 per month

f.       Shipping = $3 per unit

g.      Utilities = $100 per month

h.     Office Supplies = $900

i.        Conference Exhibitor Fee = $3000

j.       Travel Expenses for Conference (e.g. airfare, meals, taxi) = $1200

What is the break even point? What is the contribution margin per unit? What is the total contribution margin