1) Rotide Inc. produces one type of product. Each unit requires $4,675 in variable costs and $1,650 in fixed costs. Currently, the breakeven point is 550 units. If Rotide Inc. produces one more unit, how much will the 551st unit sold contribute to the company's income?

Based on the following information, what is the contribution margin percentage?

Sales revenue	Variable cost	Fixed cost	Total cost	Contribution margin
?	$198,000	?	$300,600	$162,000