I am not sure if they are correct. Thank you.

Help Save & Exit Submit Menlo Company distributes a single product. The company's sales and expenses for last month follow. Total Sales $450,000 Variable expenses 180,000 Contribution margin 270,000 Fixed expenses 216,000 Net operating $ 54,000 income Per Unit $ 30 12 $ 18 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 $90,000? 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 $50,000 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. Duln dollar and percentage ter J. Wildl is the company's CM ratio? If sales increase by $50,000 per month and there is no change in f would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req 3A Req 3B Req 4 Reg 5 What is the monthly break-even point in unit sales and in dollar sales? Break-even point in unit sales Break-even point in dollar sales 12,000 units 360,000 $ Reg 2 > LUUL DY VJ0,000 per month and there is no change in fixed would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Reg 4 Reg 5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin $ 216,000 DULUI IUmat Income statement at the target sales level 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentaget 5. What is the company's CM ratio? If sales increase by $50,000 per month and there is no change in would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Req Req 3B Req 4 Req 5 How many units would have to be sold each month to attain a target profit of $90,000? Units sales needed to attain target profit 17,000 Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 Req 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per unit Sales $ 17,000 $ 30 Variable expenses 17,000 (12) Contribution margin 0 $ 18 Fixed expenses Net operating income (20) 20 Ver Dy 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 $50,000 per month and there is no change in fixed ex would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 Reg 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. es Dollars $ 90,000 Percentage 21% Margin of safety 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 $50,000 per month and there is no change in fixed expenses, by how would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Req 2 Reg 1 Req 3A Reg 4 Req 3B Req 5 What is the company's CM ratio? If sales increase by $50,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? ces CM ratio Net operating income increases by 60% 30,000 $ Req 4