The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year in terms of production needs to meet the forecast sales. The board of directors is very supportive of any initiatives that will lead to increased operating income for the company in the upcoming year. Waterways markets a simple water controller and timer that it mass-produces. During 2022, the company sold 355,000 units at an average selling price of $8.00 per unit. The variable costs were $1,881,500, and the fixed costs were $953,100. What is the product's contribution margin ratio? (Round answer to 2 decimal places, e.g. 22.25%.) Contribution margin ratio % What is the company's break-even point in units and in dollars for this product? (Round intermediate calculations to 2 decimal places, e.g. 15.25 or 15.25% and final answers to O decimal places, e.g. 5,275.) Break-even point in sales units units Break-even point in sales dollars $