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Duncan had revenues of $ 9 0 0 , 0 0 0 in March. Fixed costs in March were $ 4 8 0 , 0

Duncan had revenues of $900,000 in March. Fixed costs in March were $480,000 and profit was $60,000. Answer the following questions:Required:Items Answers10. What was the contribution margin ratio?_______%(Type the figure only in your answer, e.g.1000)3 marks11. What monthly sales volume (in dollars) would be needed to break even?$_______(Type the figure only in your answer, e.g.1000)3 marks12. What was the margin of safety in dollars for March?$_______(Type the figure only in your answer, e.g.1000)3 mark

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