Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following projected income statement: Sales Total Variable cost Contribution margin Total Fixed cost Operating income: Required: 1. Calculate the contribution margin ratio. 2. Calculate the variable cost ratio, % 3. Calculate the break-even sales revenue for Ashton. $88,000 66,880 $21,120 10,320 $10,000 4. How could Ashton increase projected operating income without increasing the total sales revenue? 2:15 PM 6/27/2022