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Thank you very much Vice President for Sales and Marketing at Waterways Corporation is planning for production needs to meet sales demand in the coming

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Vice President for Sales and Marketing at Waterways Corporation is planning for production needs to meet sales demand in the coming year. He is also trying to determine how the company's profits might be increased in the coming year. This problem asks you to use cost-volume-profit concepts to help Waterways understand contribution margins of some of its products and decide whether to mass-produce any of them. Waterways markets a simple water control and timer that it mass-produces, Last year, the company sold 637,000 units at an average unit selling price of $4,00. The variable costs were $1,783,600, and the foxed costs were $504,504. (a1) What is the product's contribution margin ratio? (Round ratio to 0 decimal places, es 25\%) Contribution margin ratio \% eTextbook and Media (a2) What is the company's break-even point in sales units and in sales doltars for this product? Break-even point in units units Breakeven point in dollars What is the margho of safety, both in dollars and as a ratio? (houind noth to 0 decind places es. 25x) Margin of salety in dollins s Mrgin or safety ratio

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