Oriole sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Per Unit Total $ 715,000 $55 321.750 24.75 Sales revenue Variable expenses Contribution margin Fixed expenses Operating income 393,250 $30.25 244,750 $ 148,500 la) Question 11 of 13 3.2/4 Operating income $ 148,500 (a) Your answer is correct. What is Oriole's contribution margin ratio? its variable cost ratio? (Round ratios t, 2 percentage places, e.g. 0.38 - 38%.) Contribution margin ratio 55 % Variable cost ratio % e Textbook and Media Attempts: 1 of 3 used (61) X Your answer is incorrect. Compute breakeven sales. (Use the rounded contribution margin ratio calcule d in the previous part to compute breakeven sales.) Breakeven sales 270000 eTextbook and Media Sove for Later Attempts: 1 of 3 used Submit Answer (52)