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The data to the right pertain to the operating budget of a manufacturing company. Compute the following. (a) contribution margin (b) contribution rate (c)

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The data to the right pertain to the operating budget of a manufacturing company. Compute the following. (a) contribution margin (b) contribution rate (c) break-even point in sales dollars (a) The contribution margin is $ (Round to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.) (b) The contribution rate is %. (Round to the nearest whole number as needed. Round all intermediate values to six decimal places as needed.) (c) The break-even point in sales dollars is $ (Round to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.) ... Sales $3,450,000 Fixed cost $130,000 Total variable cost $1,587,000 Total cost $1,717,000 Net income $1,733,000

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