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1. A company sold a total of 1,000 units for total sales revenue of $65,000. The company incurred total variable expenses of $45,500 and total

1. A company sold a total of 1,000 units for total sales revenue of $65,000. The company incurred total variable expenses of $45,500 and total fixed expenses of $ 14,040. Based on this, the company reported a total contribution margin of $19,500 and net operating income of $ 5,460. Use this information to answer the following questions. Assume that all units are within the relevant range.

Calculate the per-unit contribution margin. (Round your answer to 2 decimal places.)?

Calculate the contribution margin ratio?

Calculate the increase in net operating income if sales increase to 1,001 units. (Round your answer to 2 decimal places.)

Calculate the net operating income if the selling price increases by $2 per unit and the sales volume decreases by 100 units?

Calculate the net operating income if the variable cost per unit increases by $1, spending on fixed costs increases by $1,550, and unit sales increase by 210 units?

Calculate the break-even point in unit sales?

Calculate the break-even point in sales dollars?

Calculate the number of units that must be sold to earn a target profit of $11,700?

Calculate the margin of safety in dollars and the margin of safety percentage?

Calculate the degree of operating leverage. (Round your answer to 2 decimal places.)?

Calculate the estimated percent increase in net operating income for a 5% increase in sales. (Hint: Use the degree of operating leverage you already computed.) (Round your intermediate calculations and final answer to 2 decimal places.)?

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