Pharoah sells a leaming system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: What is Pharoah's contribution margin ratio? Its variable cost ratio? (Round ratios to 2 percentage places, e.g. 0.38=38% ) Contribution margin ratio % Variable cost ratio % Compute breakeven sales. (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Breakeven sales: eTextbook and Media Attempts: 0 of 3 used (b2) What is Pharoah's margin of safety? Margin of safety If Pharoah's sales were to increase by $100,000 with no change in fixed expenses, by how much would operating income increase? (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) Net Operating income will increase by eTextbook and Media Attempts: 0 of 3 used (d) Pharoah's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 12% increase in the sales price. Market research indicates that the price increase will result in a 3\% decrease in the number of learning systems Pharoah sells. What will be Pharoah's expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places es. 52.75 and final answer to 0 decimal places, es. 5.275.) Operating income