Check my 2 Exercise 6-18 Break-Even and Target Profit Analysis; Margin of Safety; CM Ratio (LO6-1, LO6-3, LO6-5, LO6-6, LO6-7 Menlo Company distributes a single product. The company's sales and expenses for last month follow: 2.85 points Sales Variable expenses Contribution margin Fixed expenses Net operating income eBook Total $ 318,000 222,600 95, 400 75, 600 $ 19,800 Per Unit $ 20 14 $ 6 Print 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 $37,200? 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 $76,000 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. 2 5. What is the company's CM ratio? If sales increase by $76,000 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. 2.85 points Req 1 Req 2 Req Req 3B Req 4 Reg 5 eBook What is the monthly break-even point in unit sales and in dollar sales? Print References units Break-even point in unit sales Break-even point in dollar sales Check my 2 3-a. How many units would have to be sold each month to attain a target profit OT $37,200? 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 $76,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? 2.85 points Complete this question by entering your answers in the tabs below. eBook Print Req 1 Req 2 Req Req 3B Reg 4 Req 5 References Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin Check 2 S-d. Now many units would have to pe Soiu edit TONTIT LO dlldili d ldiyet pronil OI DOI,ZUV! 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 $76,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? 2.85 points Complete this question by entering your answers in the tabs below. eBook Print Req 1 Reg 2 Req Req 3B Req 4 Reg 5 References How many units would have to be sold each month to attain a target profit of $37,200? Units sales needed to attain target profit 2. 5. What is the company's CM ratio? If sales increase by $76,000 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. 2.85 points Req 1 Reg 2 Req Req 3B Req 4 Req 5 eBook Verify your answer by preparing a contribution format income statement at the target sales level. Print References Menlo Company Contribution Income Statement Total Per Unit Check my wor T. ICICI LU LIIC Vinynai uula. LumpuLE LIC CUIpany Taiyuvi Juicy II VULT unui anu piccicay ici. 2 5. What is the company's CM ratio? If sales increase by $76,000 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. 2.85 points Req 1 Req 2 Req Req 3B Req 4 Reg 5 eBook Print Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) References Dollars Percentage % Margin of safety Check 2. 5. What is the company's CM ratio? If sales increase by $76,000 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. 2.85 points Req 1 Req 2 Req Reg 3B Reg 4 Req 5 eBook Print What is the company's CM ratio? If sales increase by $76,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? References % CM ratio Net operating income increases by