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please solve thank you Question 45 The vice-president of sales...

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Accounting

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Question 45 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 forecasted sales. The board of directors is very supportive of any initiatives that will lead to increased profits for the company in the upcoming year. Waterways markets a simple water controller and timer that it mass-produces. During 2020, the company sold 360,000 units at an average selling price of $8 per unit. The variable expenses were $1,908,000, and the fixed expenses were $969,300. 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, eg. 15.25 or 15.25% and final answers to decimal places, g. 5,275.) Break-event in units units Break even point in dollars What is the margin of safety, both in dollars and as a ratio? (Round ratio to 2 decimal places, e.g. 25.25%.) Margin of safety in dollars Margin of safety ratio

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