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Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following projected income statement: 1. Calculate the contribution margin

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Contribution Margin Ratio, Variable Cost Ratio, Break-Even Sales Revenue The controller of Ashton Company prepared the following projected income statement: 1. Calculate the contribution margin ratio. Note: Enter as a percent, rounded to the nearest whole number. % 2. Calculate the variable cost ratio. Note: Enter as a percent, rounded to the nearest whole number. x% 3. Calculate the break-even sales revenue for Ashton. Note: Round your answer to the nearest dollar. X 4. How could Ashton increase projected operating income without increasing the total sales revenue? Decrease the contribution marain ratio X

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