3. Refer to the original data. The president is convinced that a 10% reduction in the selling price, com bined with an increase of $85,000 in the monthly advertising budget, will double unit sales. What will the new contribution format income statement look like if these changes are adopted? Sales Refer to the original data. The company's advertising agency thinks that a new package would help sales. The new package being proposed would increase packaging costs by $0.5 per unit. Assuming no other changes, how many units would have to be sold each month to earn a profit of $2,000? (Do not round intermediate calculations.) Unit sales to attain target profit [ units 5. Refer to the original data. By automating, the company could slash its variable expenses in half. However, fixed costs would increase by $60,500 per month. a. Compute the new CM ratio and the new break-even point in both units and dollars. (Do not round intermediate calculations. Round "Contribution Margin Ratio to 2 decimal places.) Contribution margin ratio Break-even point in units Break-even point in dollars b. Assume that the company expects to sell 25,000 units next month. Prepare two contribution format income statements: one assuming that operations are not automated, and one assuming that they are. (Do not round intermediate calculations. Round "Per Unit" and "Percentage" to 2 places.) decimal Comparative Income Statements Not Automated Automated Total Per Unit Percentage Total Per Unit Percentage Sales