most recent monthly contribution format income statement is given below:

Sales $60,000

Less: variable expenses 45,000

Contribution Margin 15,000

Less: Fixed expenses 18,000

Net income -$3,000

The company sells its only product for $10 per unit. There were no beginning or ending inventories. Required:

a. What are total sales in dollars at the break-even point?

b. What are total variable expenses at the break-even point?

c. What is the company's contribution margin ratio? d. If unit sales were increased by 10% and fixed expenses were reduced by $2,000, what would be the company's expected net income? (Prepare a new income statement.)