Deckyard Company distributes a lightweight lawn chair that sells for $30 per unit. Variable expenses are $12.00 per unit, and fixed expenses total $106,200 annually. Required: . What is the product's CM ratio? CM ratio 2. Use the CM ratio to determine the break-even point in sales dollars. Break-even point in sales dollars 3. The company estimates that sales will increase by $44,000 during the coming year due to increased demand. By how much should net operating income increase? Net operating income increases by 4. Assume that the operating results for last year were as follows $ 885,000 354,000 Variable expenses Contribution margin Fixed expenses 531,000 106,200 $ 424,800