CONTRIBUTION MARGIN RATIO SMALL SUM

Croftsman Company recorded the following Information for Its main product: Selling price per unit $ 280 Costs per unit (at the normal capacity of 26, 400 units) : Direct material 58 Direct labour 30 Variable overhead 25 Fixed overhead 43 Sales Commission 7.5 % of sales Required: 1. Compute the contribution margin ratio and break-even sales. Contribution margin ratio Breakeven sales 2. What Is the margin of safety In dollars and units, and the degree of operating leverage? (Round "Degree of operating leverage" to 2 decimal places and the rest to the nearest whole number.) Dollars Units Margin of safety Degree of operating leverage