With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: It is expected that 21,300 units will be sold at a price of $160 a unit. Maximum sales within the are 26,100 units. Wolsey Industries Inc. Estimated Income Statement For the Year Ended December 31, 20 Y3 \begin{tabular}{|l|l|} 1 & \\ 2 & (Label) \\ \hline \end{tabular} 3 4 5 6 7 8 (Label) 9 Selling expenses: 10 11 12 13 14 15 Administrative expenses: 16 17 18 19 20 Total expenses 21 2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. Round your answers to the nearest whole number. Units units Dollars 4. Construct a cost-volume-profit chart on your own paper. What is the break-even sales? Final Questions 5. What is the expected margin of safety in dollars and as a percentage of sales? If applicable, use amounts previously computed and then round your answers to the nearest whole number. Dollars Percentage 6. Determine the operating leverage. Round to one decimal place