Vice President for Sales and Marketing at Waterways Corporation is planning for production needs to meet siles demand in the coming year, He is aluo tryine to determine how the compamy's profits might be increased in the coming year. This problem asks you to uve cost-volume-profit concepts to help Waterways understand contribution margim of some of its products and decide whether to mass-produce any of them. Waterways mukkets a simple water centrol and timer that it mass-produces Lant yea, the company sold 720,000 units at an average unit seling price of $4.70. The variable costs were 52.030 .400 and the foed costs were 5979.340 (a1) What is the product's contritution mgin ratiof thound rotio to 0 decimol phoces es. 25 ) What is the company's break-even point in sales units and in sales dollars for this product? Break-even point in units units Break-even point in dollars $