Matoaka Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $41 throughout the country to loyal alumni of over 3,700 schools. Matoakas variable costs are 41% of sales; fixed costs are $144,255 per month. Collapse question part (a1) Correct answer. Your answer is correct. Calculate contribution margin ratio. (Round contribution margin ratio to 2 decimal places, e.g. 0.38.) Contribution margin ratio Entry field with correct answer .59 :1 Collapse question part (a2) Correct answer. Your answer is correct. What is Matoakas annual breakeven point in sales dollars? (Use the rounded contribution margin ratio calcuated in the previous part to compute Breakeven Sales.) Breakeven sales $Entry field with correct answer 2,934,000 Collapse question part (b) Correct answer. Your answer is correct. Matoaka currently sells 141,000 blankets per year. If sales volume were to increase by 17%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 3,800.) Operating income $Entry field with correct answer 579,834 Collapse question part (c) Assume that variable costs increase to 46% of the current sales price and fixed costs increase by $11,300 per month. If Matoaka were to raise its sales price by 10% to cover these new costs, what would be the new annual breakeven point in sales dollars? (Round answer to 0 decimal places, e.g. 3,800.)