now.com/ilm/takeAssignment/takeAssignment Main.dozinvoker=&takeAssignmentSessionLocator Binprogress=false 2. What is the expected contribution margin ratio? 20 X % 3. Determine the break-even sales in units and dollars. Units 800 X units $2,100,000 Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? $2,100,000 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars Percentage (If required, round the percent to one decimal place, e.g. 15.4%.) 6. Determine the operating leverage. If required, round your answer to one decimal place, e.g. 15.4. Feedback Check My Work Check My Work Previous Next All work saved. Email instructor Save and Exit Submit Assignment for Grad banprogress=false Estimated Income Statement For the Year Ended December 31, 2083 Sales Cost of goods sold: $ 3,500,000 Direct materials Direct labor 1,006,250 Factory overhead 875,000 637,500 Total cost of goods sold 2,518,750 Gross profit 981,250 Expenses: Selling expenses: Sales salaries and commissions 285,000 Advertising 40,000 Farvet 12,000 Shes My Previous signmentSessionLocator Buinprogress=false Sales salaries and commissions 285,000 Advertising 40,000 Travel 12,000 Miscellaneous selling expense 29,475 Total selling expenses 366,475 Administrative expenses: office and officers' salaries 132,000 Supplies 97,500 Miscellaneous administrative expense 35,275 Total administrative expenses 264,7757 Total expenses 631,250 Operating income 350,000 Check my Previous now.com/ilm/takeAssignment/takeAssignment Main.dozinvoker=&takeAssignmentSessionLocator Binprogress=false 2. What is the expected contribution margin ratio? 20 X % 3. Determine the break-even sales in units and dollars. Units 800 X units $2,100,000 Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? $2,100,000 5. What is the expected margin of safety in dollars and as a percentage of sales? Dollars Percentage (If required, round the percent to one decimal place, e.g. 15.4%.) 6. Determine the operating leverage. If required, round your answer to one decimal place, e.g. 15.4. Feedback Check My Work Check My Work Previous Next All work saved. Email instructor Save and Exit Submit Assignment for Grad banprogress=false Estimated Income Statement For the Year Ended December 31, 2083 Sales Cost of goods sold: $ 3,500,000 Direct materials Direct labor 1,006,250 Factory overhead 875,000 637,500 Total cost of goods sold 2,518,750 Gross profit 981,250 Expenses: Selling expenses: Sales salaries and commissions 285,000 Advertising 40,000 Farvet 12,000 Shes My Previous signmentSessionLocator Buinprogress=false Sales salaries and commissions 285,000 Advertising 40,000 Travel 12,000 Miscellaneous selling expense 29,475 Total selling expenses 366,475 Administrative expenses: office and officers' salaries 132,000 Supplies 97,500 Miscellaneous administrative expense 35,275 Total administrative expenses 264,7757 Total expenses 631,250 Operating income 350,000 Check my Previous