Maps Question 3 of 4 > 2.06 / 6.25 Sheridan Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $50 throughout the country to loyal alumni of over 3,800 schools. Sheridan's variable costs are 42% of sales foed costs are $116.000 per month. (1) answers.com Calculate contribution margin ratio. Round rotto 2 percentage places 0.38 Contribution marginati e Textbook and Media Attempt 2 of 12 used part to the rounded contribution 2000 Textbook and Media Attempts 2012 MacBook Pro Question 3 of 4 2.06 / 6.25 Your answer is correct What is Sheridan's annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuoted in the previous part to compute breakeven sales.) $ Breakeven sales 2000000 eTextbook and Media Attempts: 2 of 12 used () x Your answer is incorrect Sheridan currently sellis 174.000 ankets per year sales wou were to increase by 15.by how much would operating Income increase? Round answer to decimal places. 5.2753 Operating income $ electbook and Media Attempt of 12 used MacBook Pro X Your answer is incorrect Sheridan currently sellis 124.000 blankets per year. If sales volume were to increase by 15%, by how much would operating income increase? (Round answer to decimal places, eg: 5.275. Operating income 32666 eTextbook and Media Attempts: 6 of 12 used Submit Anne