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Menlo Company distributes a single product. The company's sales and expenses for last month follow $312,000 $ 20 218,60014 Contribution margin Fixed expenses Net operating income 93,600 73,800 s 19,800 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without r 3-a. How many units would have to be sold each month to attain a target profit of $32,400? g to computations, what is the total contribution margin at the break-even point? cs 3-b. Verify your answer by preparing a contr 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 co would you expect monthly net operating income to increase? s CM ratio? If sales increase by $62,000 per month and there is no change in fixed expenses, by how much Complete this question by entering your answers in the tabs below Req 4 Req 5 Req 38 Req 2 Req 3A Req 1 What is the monthly break-even point in unit sales and in dollar sales? Next > 2 of 7 KPrev 2 of 7 Check my work Menlo Company distributes a single product. The company's sales and expenses for last month follow Sales Variable expenses Contribution margin Fixed expenses Net operating income $312,000 $ 20 218,400 93,6006 73,800 S 19,800 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 $32,400? 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 sales increase by $62,000 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 A Rea 3Reg 4Reg Req 3B Req 1 Req 2 How many units would have to be sold each month to attain a target proft of $32,4007 Req 3B > K Req 2 Next Req 3A Next> Prev2 of 7 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 $32,400 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 sales increase by $62,000 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. Req 3A Req 5 Req 1 Req 2 Req 38 lar and percentage terms. (Round your e original data e answer to 2 decimal places (i.e. 0.1234 should be entered as 1 Refer to th s mar Dollars Req5 > Req 38
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 $32.400? 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 sales increase by $62,000 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. Req 5 Req 2 Req 3A Req 38 Req 4 Req 1 What is the company's CM ratio? If sales increase by $62,000 per month and there is no change in flxed expenses, by how much would you expect monthly net operating income to increase? CM r by Req 4 Next> 2of 71E1