Question: Problem #1 [30 points total, 6 points each! Merlin Enterprises manufactures a cellular telephone. The company's partial contribution format income statement for the most recent

Problem #1 [30 points total, 6 points each! Merlin Enterprises manufactures a cellular telephone. The company's partial contribution format income statement for the most recent year is below Total Per Unit Sae.. $300,000 $60 Variable expenses. ? $33 Contribution margin... Fixed expenses108,000 Net operating income Required: a. Complete the contribution income statement above. b. Determine the breakeven sales and breakeven units. c. Based on the original data, determine the dollar sales necessary to earn a target profit of $54,000. Based on the original data, determine the margin of safety in terms of dollar sales. Based on the original data, determine the percentage change in net operating income ifsales increase by 20%. d. e

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