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The data to the right pertain to the operating budget of Jones Manufacturing. Compute the contribution rate and the break-even point in sales dollars. Sales

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The data to the right pertain to the operating budget of Jones Manufacturing. Compute the contribution rate and the break-even point in sales dollars. Sales Fixed cost Total variable cost $1,970,000 $170,000 $985,000 $1,155,000 $815,000 Total cost Net income The contribution rate is 1%. (Type a whole number.) The break-even point in sales dollars is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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