QUESTION 32 Arkansas Inc., has a contribution margin of 55% and fixed costs of $262,350. What sales revenue is needed to attain a $78,100 profit? a. $619,000 b. $270,000 O c. $490,000 d. $77,800 QUESTION 33 Steel Inc. has a contribution margin ratio of 35%. This month, profit was $20,650 and fixed costs were $19,600. How much was Steel's sales revenue? a. $14,087.5 b. $45,721 O $115,000 Od $40,250