In March, Mitchell Limited had sales of $384,300 (63,000 units), total variable expenses of $249,795, and total fixed expenses of $101,500.

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 $15,250. (Do not round intermediate calculations. Round your answers to 2 decimal places.)