I need the answer of this question with full steps. Thanks!

Q U E 5 TI 0 N 9 1. Company ABC distributes a single product. The company's sales and expenses for last month follow: Total Per Unit Sales $90,000 $30 Variable expenses $36,000 $12 Contribution margin $54,000 $18 Fixed expenses $16,000 Net operating income $38,000 1. What is the monthly break-even point in unit sales and in dollar sales? [2 marks] 2. Without resorting to computations, what is the total contribution margin at the break-even point? [2 marks] 3. How many units would have to be sold each month to earn a target prot of $1 1,000? Use the formula method. Verify your answer by preparing a contribution format income statement at the target sales level. (2 marks] 4. Refer to the original data. Compute the company' 5 margin of safety in both dollar and percentage terms. [2 marks] 5. What is the company's CM ratio? If sales increase by $10,000 per month and there is no change in xed expenses, by how much would you expect monthly net operating income to increase? [2 marks] I_