In March, Mitchell Limited had sales of $302,400 (56,000 units), total variable expenses of $217,728, and total fixed expenses of $30,800.

Required:

1. What is the companys CM ratio?

2. Calculate the break-even level of sales in dollars.

3. Estimate the change in the companys operating income if it increased its total sales by $18,360. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activ ouTube Maps A News Translate Acsenda School of Home - Billing & Pa. 30 New Tab a Compass - My Cards 3 Acsenda School Saved 1. What is the company's CM ratio? CM ratio % 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 $18,360. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Original New Operating income