A company produces and sells two products. It sells these products through different channels, and makes them in separate factories. The products have no shared costs. This year there were 53,000 units of each product sold. Contribution margin income statements follow. Sales Variable costs Contribution margin Fixed costs Income Product 1 $ 863,900 518,340 345,560 211,560 Product 2 $ 863,900 86,390 777,510 643,510 $ 134,000 $ 134,000 Complete this question by entering your answers in the tabs below. Product 1 Product 2 For Product 2, compute the contribution margin ratio, the break-even point in dollar sales, and the degree of operating leverage. If sales in dollars increase by 10% for this product, compute income. Numerator Contribution margin $ Numerator Total fixed costs $ Numerator Contribution margin $ Contribution Margin Ratio Denominator = Contribution margin ratio 863,900 = 90.00% / 777,510 / Sales $ Break-Even Point in Dollars Denominator Contribution margin ratio = Break-even point in dollars 643,510 / 90.00% = $ 715,011 Degree of Operating Leverage (DOL) Denominator 777,510 / Income $ = Degree of Operating Leverage 134,000 = 5.80 Change in income (%) from 10% Sales increase = Change in income (%) x