that the fixed manufacturing overhead costs would increase by 400,000 Required: 1) Calculate a new variable cost percentage and contribution margin percentage if the company purchases the laser cutting machine. 2) What would be the breakeven sales be in 2017? 3) What would be the level of sales to attain the target profit that the president is looking for? 4) If the sales target is achieved what would the margin of safety ratio be at the end of 2017? Fatima has asked you to provide her with a complete written report of your analysis. Your excel files should be printed and placed at the back of your report and each headed as Appendix 1 then Appendix 2 and finally Appendix 3. Then in the body of the report you simply reference the Appendix You must submit your excel files, a soft copy of your report and a hard copy of your report