1.Gilpatric Corporation produces and sells two products. In the most recent month, Product Q71M had sales of $28,000 and variable expenses of $7,840. Product V04P had sales of $49,000 and variable expenses of $27,580. The fixed expenses of the entire company were $34,630.

The break-even point for the entire company is:

2.Stoppkotte Corporation has provided its contribution format income statement for April.

Sales : $703,000

Variable expenses: 444,000

Contribution margin: 259,000

Fixed expenses: 184,200

Net operating income: $74,800

If the company's sales increase by 10%, its net operating income should increase by:

3.Mcallister Corporation has provided the following data concerning its only product:

Selling price: $150 per unit

Current sales: 39,900 units

Break-even sales: 31,521 units

The margin of safety as a percentage of sales is: