Belmain Co. expects to maintain the same inventories at the end of 2047 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: Estimated Fixed Cost Estimated Variable Cost (per unit sold) Production costs: Direct materials $24 Direct labor 16 Factory overhead $456,200 12 Selling expenses: Sales salaries and commissions 94,800 5 Advertising 32,100 Travel 7,100 Miscellaneous selling expense 7,800 4 Administrative expenses: Office and officers' salaries 92,700 Supplies 11,400 2 Miscellaneous administrative expense 10,700 3 Total $712,800 $66 It is expected that 11,200 units will be sold at a price of $165 a unit. Maximum sales within the relevant range are 14,000 units. 2. What is the expected contribution margin ratio? Round to the nearest whole percent. 60 % 3. Determine the break-even sales in units and dollars. Units 4,000 X units Dollars 660,000 X units 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? 660,000 X $ 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars: 660,000 Percentage: (Round to the nearest whole percent.) % 6. Determine the operating leverage. Round to one decimal place