gnment 3 Saved He 2 In March, Mitchell Limited had sales of $372,000 (62,000 units), total variable expenses of $245,520, and total fixed expenses of $85,000. Required: 1. What is the company's CM ratio? CM ratio ook int ences 2. Calculate the break-even level of sales in dollars. Break-even level of sales in dollars 3. Estimate the change in the company's operating income if it increased its total sales by $12,000. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Original New Operating income