Projected financial results for theuniversity's cafeteria for next year are shown. Answer each of the following independent questions.

Sales

$866,000

Fixed cost

$529,000

Total variable cost

215,740

Total cost

744,740

Net income

$121,260

(a) How much is the contribution margin and the contributionrate?

(b) How much does the business need to sell to breakeven?

(c) If the business was to spend $25,000 to upgrade theirprocesses, how much does the business need to sell to breakeven?

(d) If 1% more meals weresold, what would be the resulting netincome?