ABC Inc. makes travel bags that sell for $56 each. For the coming year, management expects fixed costs to total $320,000 and variable costs to be $42/unit Calculate the following and show your solutions a. Contribution margin ratio b. Break even sales in dollars using the contribution margin ratio c. Margin of Safety assuming actual sales are $1,382,400 d. Margin of Safety Ratio e. Required Sales in dollars to earn operating income of $410,000