Hello, can someone please help me. I'm new to accounting and i'm having lots of trouble with these questions and i''m not sure how to solve them. i would really really appreciate your help.

value : 10.00 points Problem 8 - 1 Performing Basic CVP Analysis ( LO1 - CC 4; LO2 - CC 6, 7, 10) Stratford Company distributes a lightweight lawn chair that sells for $40 per unit . Variable expenses are 58 per unit , and fixed expenses total $81 4, 000 annually . Required :` Answer the following independent questions ! 1 . What is the product's CM ratio ?" Contribution margin ratio\\ 2. Use the OM 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 $90, 000 during the coming year due to increased demand . By how much should net operating income increase ?* Increase in operating income4. Assume that the operating results for last year were as follows: Sales $1,480,001} Less: Variable expenses 295,0 Contribution margin 1,1543% Less: leed expenses 314,000 Net operating income 55- 3T,l] a. Compute the degree of operating leverage at the current level of sales. [Round your answer to 1 decimal place.} b. The president expects sales to increase by 4D% next year. 33: how much should net operating income increase? 5-a. Refer to the original data. Assume that the company sold 39,000 units last year. The sales manager is convinced that a 12% reduction in the selling price, combined with a $146,000 increase in advertising expenditures, would increase annual unit sales by 30%. Prepare two contribution format income statements: one showing the results of last year's operations, and one showing what the results of operations would be if these changes were made. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Last Year Proposed Total Per Unit Total Per Unit Sales 5-b. Would you recommend that the company do as the sales manager suggests? O Yes O No 6. Refer to the original data. Assume again that the company sold 39,000 units last year. The president feels that it would be unwise to change the selling price. Instead, he wants to increase the sales commission by $3 per unit. He thinks that this move, combined with some increase in advertising, would double annual unit sales. By how much could advertising be increased with profits remaining unchanged? Increase in advertisement cost