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8points Northern Lights Ltd. The following is the company's income statement for the last month. The company sold 11,000 units during the month. S/Unit Sales

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8points Northern Lights Ltd. The following is the company's income statement for the last month. The company sold 11,000 units during the month. S/Unit Sales 95.50 79.45 $ 1,050,500 873,950 176,550 180,000 (3,450) Variable Expenses Contribution Margin Fixed Expenses Operating Income/(Loss) 16.05 Required: 1. What is the company's Contribution Margin ratio? Round to 3 decimal places, ex. 11.1% 2. What is the company's breakeven in units? Use the breakeven formula. Round to full units. 3. What is the company's breakeven in dollar sales? Use the breakeven formula. Round to the nearest full dollar. 4. How many units would the company have to sell to attain a target pre-tax operating income of $120,000? Round to full units. 5. What sales revenue is required to achieve to earn $100,000 after-tax operating income? The corporate tax rate is 35%. A

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