An estimate based on the cost that was incurred during a previous, similar project is called a(n): Detailed estimate Analogous estimate Parametric estimate Bottom-up estimate Next Page Submit Quiz 9 22 of 45 questions saved Page 11 of 27

Memolax, hnc, produces memory entancement software for computers, Sales have been very erratic, with soine monits showing a profit and some months showing a loss. The compary's cortibution format incoene statement for the most recent month is ghen below. Required: 1. Compute the company' CM ratio and its breakeven point in both units and dollark. (Bo not round intermediate coicularions. Round your "Brenkeven point in units" answer up to nearest whole number.) 2. The sales manager feets that an $11,000 increase in the monthly advertising budget combined with an intensufied eflact by the sutrs staff, will result in a $85,000 increase in monthly sales. If the sales manager is right, what will be the effect on the companys inonthey net operating income or loss? (Use the incremental approach in preparing your answer.) 4. Refer to the original data. The compary's advertising agency thinks that a natw package would helo swas. The new garkage being proposed would increase packaging costs by $0.5 per unt. Assuming no other changps, how mary units would hirwe fo be sold each inorth to eain a profit of $4,800 ? (De net round intermediate colculations. Aound your niswer up to neseses whole fumber) 5. Reler to the original data. By automating. Hhe company could siash as viriable expentes in tay Howevet fixed coitu would incirase by 596,400 per month 0. Compute the new CM ratio and the new break-even point in both unis and dollars. (Do net round intermediate celculatiens Reund your "Contribution mergin ratio" anwwer to 2 decimel pleces, Round your "Bresk-tver point" entwerh up to nearest whole number.) Univ' end 'Percenvoge' te 2 desimel pleses?) b. Assume that the company expects to sell 20,000 units next month. Prepare two contibution format income statenkents one assuming that operatoons are not automated, and one assuming that they are. (Do not round intermediote caiculosions. Round "Per Unh" and "Percenthge" to 2 decimal places.) c. Thas pait of tise queitionis not port of your Connect assignment netrent whole numbers