Need Help with Requirement 2 and the rest..

Do Homework - George Angulo - Google Chrome math.com/Student/Player Homework.aspx?homeworkld=554041408&questionid=1&flushed=false&cid=5855308¢erwinaye Spring 2020 Principles of Managerial Accounting Homework: Chapter 7 Homework Score: 0.21 of 1 pt W E7-33A (similar to) + 4 of 6 (3 complete) Ullie Medical Supply is a retailer of home medical equipment. Last year, Ullie's sales revenues totaled $6,000,000. Total expenses were $2,100,0 fixed Since Ullie's offers thousands of different products, its managers prefer to calculate the breakeven point in terms of sales dollars rather than Read the requirements O Nots Requirement 1. What is Ullie's current operating income? Begin by identifying the formula to compute the operating income. Sales revenue - Variable expenses - Fixed expenses Operating income ork The operating income is $ 3,900,000 Requirement 2. What is Ullie's contribution margin ratio? Begin by identifying the formula to compute the contribution margin ratio - Test Sales revenue = Contribution margin ratio