Viva sells its waterproof phone case for $116 per unit. Fixed costs total $227,000, and variable costs are $58 per unit. (1) Determine the contribution margin ratio. \begin{tabular}{|c|c|c|c|c|c|c|} \hline & & & & per unit & & \\ \hline & & & & & & \\ \hline & & & & & & \\ \hline \multirow[t]{4}{*}{ Contribui } & \multirow{4}{*}{\begin{tabular}{l} Contribution margin \\ Selling price \\ Variable cost \end{tabular}} & & & & & \\ \hline & & & 1 & Denominator: & = & Contribution Margin Ratio \\ \hline & & & 1 & & = & Contribution margin ratio \\ \hline & & & & & & \\ \hline \end{tabular} (2) Determine the break-even point in dollars. \begin{tabular}{|c|c|c|c|c|c|} \hline & Numerator: & 1 & Denominator: & = & Break-Even Point in Dollars \\ \hline & & 1 & & = & Break-even point in dollars \\ \hline & & & & \\ \hline \end{tabular} 
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