2. Genesis company manufactures and sells for high tech geological environment. The company's contribution format income statement for 2020 is given below. Sales (40,000 units) $2,400,000 Variable expenses 1,800,000 Contribution mayin Fored expenses 480,000 Net operating income Management is ardous to increase company's profit and has asked for an analysis of a number of items. Required: 1. Compute the compaw's Oratio and variable expense ratio 2. Compute the company's breakeven point in both unit sales and dollar sales 3. Assume that sales increase by $ 800,000 next year. If cost behavior patterns remain unchanged. by how much will the comparw's the operating income will increase? Use the OM ratio to compite you are 4. Refer to the original data. Assume that nevar, Management wants the company to manat least $180.000. How many units will have to be sold to earn this target profit 5. Refer to the original data. Compute the company's margin of safety in both dollar and percentage form. MacBook Air 54 FT # $ 4 % 5 & 7 6 8 9 0 C