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2 Wesley Company manufactures and sells a single product. The company's income statement at sales level of 15000 units for last quarter follows: a .
2 Wesley Company manufactures and sells a single product. The company's income statement at sales level of 15000 units for last quarter follows: a . 35 noirs Sales Less: Variable expenses Contribution margin LS Fixed expenses Nes operating income Total $662,990 420,089 188, aca 106,528 $ 33,490 Raonk Pri Referans Required: 1. What is the monthly break even point in units suid and in sales dollars? Break-even Point Break even point in units al Feven point in sales dollars 2. Without resorting to computations, calculate the total contration margin at the break even point for the quarter, Tuta contra marga 2 3-a. How many units would have to be sold each quarter to earn a target profit of $12.000? Use the fomula method Units sold to attain lange xull 15 points ebook Pumi 3-b. Verify your answer by preparing a contribution fomat income statement at the target level of sales. References Total Unit Sales 2 15 PA 4. Refer to the original data. Compute the company's margin ol salely for the quarter in units, in dollars and as a percentage of lust quarter's sales. (Round "Percentage" answer to 1 decimal place, (i.e. 0.123 should be considered as 12.3%).) Units Dollars Percentage BH Margin of safety Part 5. What is the companys CM ratio? If quarterly sales decrease by 580000 und there is no change in foed expenses, what would you expect the quarter's net opera dig income to be? (Do not prepare an income statement: use the CMcatio to compute your answer CM ratio Netoperatng income
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