Vice President for Sales and Marketing at Waterways Corporation is planning for production to meet sales demand in the coming year. He is also trying to determine how the company's pl might be increased in the coming year. This problem asks you to use cost-volume-profit conce help Waterways understand contribution margins of some of its products and decide whethe mass-produce any of them. Waterways markets a simple water control and timer that it mass-produces. Last year, the company sold 735,000 units at an average unit selling price of $3.60. The variable costs were $1,852,200, and the fixed costs were $508,032. (a1) What is the product's contribution margin ratio? (Round ratio to 0 decimal places, e.g. 25\%.) What is the proouct's contribution rarg inaso' (Round nolo mo dedimd plsces es 25si) Centribution margin ratio Texotbok and Madia What is the cempany's breakevant peivt in units and in dellars for thib produd? Eraak-avenpoint in units -nits Ersak-tien pcint in ocllarz 5 e Texthook and Madia Magin ef infety in deliars 5 Marpiner baflaby ralo * Textbook and Media Wsterwiyg wouid have to sell sn soditons eTectbookand Medie It saies inoresse by 49.000 units and the cost behaviors do not change. howy -uch will inco-e incresse on this procuct? income will increase ty 5 . eTexbook and Media