Oriole Cash, Ltd. operates a chain of exclusive ski hat boutiques in the western United States. The stores purchase several hat styles from a single distributor at $21 each. All other costs incurred by the company are fixed. Oriole Cash, Ltd. sells the hats for $70 each. (a) Your answer is correct. If fixed costs total $245,000 per year, what is the breakeven point in units? In sales dollars? The breakeven point 5000 hats The breakeven sales 350000 eTextbook and Media Attempts: 1 of 3 used (b) * Your answer is incorrect. What is Oriole Cash's contribution margin ratio? Its variable cost ratio? Contribution margin ratio .75 % Variable cost ratio .25 % eTextbook and Media Save for Later Attempts: 1 of 3 used Submit