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Edit View History Bookmarks Window Help 95% H, Thu 927 AM apter 5 HW Set 20 Help Save & Exit Submi 2 Menlo Company distributes a single product. The company's sales and expenses for last month follow 302,000 20 Variable expensers Centribution margin Tixed expenses Net operating incone 15,000 1. What is the monthly break-even point in unit sales and in dollar 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 $30,600? verify 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 company's CM ratio? If sales increase by $55,000 per month 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 Req 2 Req 3A Req 38 Req 4 Req 5 Req i K Prev 2 of 4Next> 28 MacBook Pro 888 ,a it View HistoryBookmarks Window Help 95% Thu 9:28 AM heck my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. in of safety in both dollar and percentage terms 5. What is the company's C rati 1Hs increase by $55,000 per month and there is no change in fiued expenses, by how much would you expect monthly net operating come to increase? O Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Reg 3B Rea 4 Req 5 Verity your answer by preparing a contribution format income statement at the target sales level. Income Stat s 302.000 20 Variable expenses Contribution margin Fixed expenses Net operating income 242200O 140 5800 6 75,000 MacBook Pro 8 9 3 5 6 View History Bookmarks Window Help 94%Thu 9:28 AM my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 4. Refer to the original data. Compute the 5 What is the company's CM ratio sale mpany's margin of safety in both dollar and percentage terms, ase by $55,000 per month and there is no change in fred expenses, by how much would you expect monthly net operating nome to increase? Answer is not complete. Complete this question by entering your answers in the tabs below Req 1 Req 2 Req 3A Req 3 Req 4 Req 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (ie.O.1234 should be entered as 12.34).) Margin of Reqs MacBook Pro 8 9 3 Ul Edit View History Bookmarks Window Help Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completio Return to ques 2 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? I sele ncrease by $55,000 per month and there is no change in fixed expenses, by how r would you expect monthly net operatingcome to increase? Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Rea 2 Req 3A Reg 38 Req 4 What is the company's CM ratio? If sales increase by $$5,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? CM raio Net operating income Req 4 MacBook Pro 3 5 7 8