99%, Chapter 5 Homework 8 Exercise 5-18 Break-Even and Target Profit Analysis; Margin of Safety, CM Ratio [LOS-1, LOS-3, LO5-5, LOS-6, LO5-7 Menlo Company distributes a single product The company's sales and expenses for last month follow 1 What is the monehly break-even point in unit sales and in doilar sales? nces2. Without resorting to computations, what is the total contribution magin at the break-even point? 3-a. How many units would have to be sold each month to aftain a target proft of $312001? 3 b. Venily your answer by preparing a contribution format income statement an the target sales level 4. Refer to the original data. Compute the company's margin of saferty in both dolar and percentage terms 5. What is the company's CM ratio? sales increase by $95.000 per morth and there is no change in fned expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. what is the monthly break-even point in unit sales and in doilar sales? MacBook Pro Q Search or enter website name 3 5 6 8 8 Exercise 5-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LOS-1, LO5-3, LO5-5, LO5-6, LOS-7) Menlo Compeny distributes a single product. The company's sales and expenses for last month follow 3,600 Pixed expenses Sat operetng in one 1 What is the monthly break-even point in unit sales and in dollar sales? erences2. Without resorting to computations, what is the total contribution margin at the break even point? 3-a. How many units would have to be sold each month to amain a target proft of $31,200? 3-b. Venity your answer by preparing a contribution format income stabement at the target sales level 4 Refer to the original data. Compute the company's margin of saflety in both doilar and percentage terms 5. What is the company's CM ratio? If sales increase by $95,000 per morth and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. How many units would have to be sold each monch to attain a target pronit of $31,200 C Prev 8 of 8 Next MacBook Pro Q Search or enter website name 5 6 7 8 Help Save B 8 Fixed expen Set operatLng Lncone Required: 1 What is the monthly break-even point in unit sales and in doilar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $31,200? 3-b. Verily your answer by preparing a contribution format income statement at the target sales level 4. Refer to the original data Compute the company's margin of safety in both dollar and percentage terms 5. What is the compeny's CM ratio? If sales increase by $95,000 per month and there is no change in fowed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below Req 2 Req 38 Verity your answer by preparing a contribution format income statement at the target sales level. MacBook Pro Q Search or enter website name 3 5 6 7 8