Sheridan Company estimates that variable costs will be 65% of sales, and fixed costs will total $560,000. The unit selling price of the product is $4. (a) Your answer is correct. Compute the break-even point in (1) sales units and (2) sales dollars. (Round per unit calculation to 2 decimal places, e.g. 15.25 and final answer to O decimal places, e.g. 5,275.) (1) Break-even point 400000 units (2) Break-even point 1600000 eTextbook and Media (c) Assuming actual sales are $2 milllion, compute the margin of safety (1) in dollars and (2) as a ratio. (1) Margin of safety (2) Margin of safety ratio % Attempts: 3 of 5 used