2 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Per Unit Sales $477,000 $ 30 Variable expenses 190, 800 12 Contribution margin 286, 200 $ 18 15 Fixed expenses 228,960 points Operating income $ 57, 240 02:30:09 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? (Do not round intermediate calculations.) eBook Break-even point in unit sales units Break-even point in sales dollars 2. Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin 3-a. How many units would have to be sold each month to earn a target profit of $95,400? Use the formula method. Units sold units2 15 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. points Menlo Company 02:29:29 Contribution Income Statement Total Per unit Book 0 $ $ 0 4. Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target profit of $95,400? (Round the final answer to the nearest whole number.) Unit sales required units2 4. Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target profit of $95,400? (Round the final answer to the nearest whole number.) Unit sales required units 15 points 02-29:11 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.) eBook Dollars Percentage Margin of safety % 6. What is the company's CM ratio? If sales increase by $53,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? (Round your percentage answer to 2 decimal places and other answer to the nearest whole dollar amount.) CM ratio Monthly operating income increases by