Given: Variable cost as a % of sales 60% Annual fixed costs - Total $180,000 a) What is the contribution margin ratio? b) What is the break-even point in sales dollars? c) If the company is operating at a $100,000 loss what are the dollar sales? d) If the company is operating at a $120,000 profit what are the dollar sales? e) If sales increase by $50,000 by how much will profit increase (or loss decrease)