also can I get the margin of safety ratio.

Question 2 of 4 5/25 Sunland Corporation has collected the following information after its first year of sales. Sales were $ 1,740,000 on 116,000 units; selling expenses $ 290,000 (40% variable and 60% fixed); direct materials $ 592,760; direct labor $336,400; administrative expenses $313,200 (20% variable and 80% fixed); and manufacturing overhead $ 406,000 (70% variable and 30% fixed). Top management has asked you to do a CVP analysis so that it can make plans for the coming year. It has projected that unit sales will increase by 10% next year. (a) Your answer is correct. Compute (1) the contribution margin for the current year and the projected year, and (2) the fixed costs for the current year. (Assume that fixed costs will remain the same in the projected year.) (1) Contribution margin for current year $ 348000 Contribution margin for projected year $ 382800 (2) Fixed costs for current year $ 546360 e Textbook and Media Attempts: unlimited (b) Your answer is incorrect. Question 2 of 4 5/25 III (b) Your answer is incorrect. Compute the break-even point in sales units and sales dollars for the first year. (Round contribution margin ratio to 1 decimal place e.g. 0.5 and final answers to 0 decimal places, e.g. 2,510.) Break-even point units Break-even point $ e Textbook and Media Save for Later Attempts: unlimited Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above. (e)