• Administrative expenses
• Advertising
• Beginning merchandise inventory
• Cash
• Commissions
• Cost of goods sold
• Depreciation
• Direct labor
• Direct materials
• Ending merchandise inventory
• Fixed expenses
• Indirect labor
• Indirect materials
• Insurance expense
• Purchases
• Salaries and commissions expense
• Sales
• Selling expenses
• Variable expenses

Chapter 5 - Homework 2 - Algorithmic Soved Savad Help Save & Exit Submit Check my work 8 Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 612,000 428,400 183,600 153,600 $ 30,000 Per Unit S 40 28 $ 12 100 points eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $70,800? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Print References Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Reg Reg 3B Req 4 Reg 5 What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? % CM ratio Net operating income increases by Chapter 5 - Homework 2 - Algorithmic Seved Help Save & Exit Submi Check my work 8 Sales variable expenses Contribution margin Fixed expenses Net operating income Total $ 612,000 428, 400 183,600 153,600 $ 30,000 Per Unit $ 40 28 $ 12 100 points eBook Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $70,800? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Print References Complete this question by entering your answers in the tabs below. Req1 Reg 2 2 Req 3A Req 3B Req 4 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit Chapter 5 - Homework 2 - Algorithmic i Savad Help Save & Exit Submit Check my work 8 Menlo Company distributes a single product. The company's sales and expenses for last month follow: 100 points Per Unit $ 40 28 Total $ 612,000 428,400 183,600 153,600 $ 30,000 Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 12 eBook Print r Required: 1. What is the monthly break-even point in unit sales and in dollar sales? Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $70,8007 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? if the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? References Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 3B Reg 4 Req 5 How many units would have to be sold each month to attain a target profit of $70,800? Units sales needed to attain target profit Chapter 5 - Homework 2 - Algorithmic Saved Help Save & Exit Submit Check my work 00 Menlo Company distributes a single product. The company's sales and expenses for last month follow: 100 points Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 612,000 428,400 183,600 153,600 $ 30,000 Per Unit $ 40 28 $ 12 eBook Print c o References Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $70,800? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Req 3B Reg 4 Reg 5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin Chapter 5 - Homework 2 - Algorithmic A Sound Help Save & Exit Submit Check my work 8 Menlo Company distributes a single product. The company's sales and expenses for last month follow: 100 points Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 612,000 428, 400 183,600 153,600 $ 30,000 Per Unit $ 40 28 $ 12 eBook Print Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $70,800? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? References Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3A Req 38 Reg 4 Reg 5 What is the monthly break-even point in unit sales and in dollar sales? units Break-even point in unit sales Break-even point in dollar sales - Req1 Req2 >