HW Score: 33.33%, 3 of 9 pts Question Help Score: 0 of 1 pt 6 of 9 (3 complete) E3-29 (similar to) Suppose O'Reilly Corp's breakeven point is revenues of $1,200,000. Fixed costs are $660,000 Requirements 1. Compute the contribution margin percentage 2. Compute the selling price if variable costs are $18 per unit 3. Suppose 55,000 units are sold. Compute the margin of safety in units and dollars. 4. What does this tell you about the risk of O'Reilly making a loss? What are the most likely reasons for this risk to increase? Requirement 1. Compute the contribution margin percentage, Determine the formula for the contribution margin percentage Contribution margin percentage Choose from any drop-down list and then click Check Answer ir Clear Al Check