Please solve the contribution margin ratio.

Exercise 3.37 Cheyenne manufactures and sells swimsuits for $40.00 each. The estimated income statement for 2017 is as follows: Sales Variable costs Contribution margin Fixed costs Pretax earnings $2,000,000 1,050,000 950,000 785,000 $165,000 Your answer is correct. Compute the contribution margin per swimsuit and the number of swimsuits that must be sold to break even. (Round contribution margin per swimsuit to 2 decimal places, e.g. 15.25 and break even swimsuits to o decimal places, e.g. 125.) 19 per swimsuit Contribution margins Break even 41316) swimsuits SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Your answer is correct. What is the margin of safety in the number of swimsuits? Margin of safety 8684 swimsuits SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Compute the contribution margin ratio and the breakeven point in revenues. (Round contribution margin ratio to 3 decimal places, e.g. 0.256 and breakeven point to O decimal places, e.g. 125.) 47.500 Contribution margin ratio Breakeven point 1652632 LINK TO TEXT LINK TO TEXT Your answer is correct. What is the margin of safety in revenues? (Round answer to o decimal places, e.g. 125.) Margin of safety 347368 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Your answer is correct. Suppose next year's revenue estimate is $160,000 higher. What would be the estimated pretax earnings? Estimated pretax earnings 241000 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT