Carla Vista Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,800 schools. Carla Vista's variable costs are 40% of sales; fixed costs are $118,000 per month. (a1) Your answer is correct. Calculate contribution margin ratio. (Round ratio to 2 percentage places, eg. 0.38-38%) Contribution margin ratio eTextbook and Media 60 % What is Carla Vista's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute breakeven sales.) Breakeven sales 196,700