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Poloskie Manufacturing Inc. has provided you with the following Cost-Volume-Prot Income Statement. Sales (1,000 units) $650,000 Variable costs: Cost of goods sold $300,000 Selling expenses

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Poloskie Manufacturing Inc. has provided you with the following Cost-Volume-Prot Income Statement. Sales (1,000 units) $650,000 Variable costs: Cost of goods sold $300,000 Selling expenses 55,000 Administrative expenses 43,000 Contribution margin 252,000 Fixed costs: Cost of goods sold 115,000 Selling expenses 35,000 Administrative expenses 20,000 Operating income $82,000 Calculate contribution margin ratio. (Round answer to 2 decimal places, e.g. 15.25%.) Contribution margin ratio % Calculate the break-even point in sales dollars and number of units. (Round dollar answer to 2 decimal places, e.g. 15.25 and units answer to 0 decimal places, e.g. 1,525.) Break-even point :1

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