Xavier Medical Supply is a retailer of home medical equipment last year Xavier's sales revenues totaled 56 600 ODD Total expenses were $2,300 000 of this amount, approximately $1,320 OCIO were variable, while the remainder were foxed Since Xavier's offors thousands of different products, ils managers prefer to calculate the breakeven point in terms of sales dollars rather than units Read the surements The operating income is $ 1,300,000 Requirement 2. What is Xavier's contribution margin ratio? Begin by identifying the fornula lo corpule the contribution marginalio Contribution margin Sales revenue Contribution margin ratio (Enter the ratio as a whole percent) The contribution margin ratio is 80 % Requirement 3. What is the company's breakeven point in sales dollars? (Hint: The contribution margin ratio calculated in Requirement 2 is already weighted by the company's actual sales mix.) Begin by identifying the formula to compute the breakeven point in sales dollars. i Fixed expenses + Operating income / Contribution margin ratio - Breakeven sales in dollars (Round your answer up to the nearest whole dollar.) The breakeven point in sales dollars is $