03 (20.5 marks) Company 2 has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (5,000 units) 3 300,000 Variable expenses 240,000 Contribution margin 60,000 Fixed expenses 58,800 Net operating income S 1,200 Required: a. (4 marks) What is the Unit contribution margin and contribution margin ratio? b. (1 mark) If sales increase to 5,040 units, what would be the estimated increase in net operating income? c. (5 marks) If the selling price increases by $4 per unit and the sales volume decreases by 400 units, what would be the estimated net operating income? d. (1 mark) What is the break-even point in unit sales? e. (1 mark) What is the margin of safety in dollars? f. (1 mark) What is the degree of operating leverage? g. (7.5 mark) In response to a request from your immediate supervisor, you have prepared a CVP graph portraying the cost and revenue characteristics of your company's product and operations. Explain how the lines on the graph and the break-even point would change if (1) the selling price per unit decreased, (2) fixed cost increased throughout the entire range of activity portrayed on the graph, and {3) variable cost per unit increased