Last month when Holiday Creations, Incorporated, sold 39,000 units, total sales were $156,000, total variable expenses were $129,480, and fixed expenses were $36,400 Required: 1. What is the company's contribution margin (CM) ratio? 2' What is the estimated change in the company's net operating income if it can increase sales volume by 600 units and total sales by $2,400? (Do not round intermediate calculations.) 1. Contribution margin ratio % 2. Estimated change in net operating income - Molander Corporation is a distributor of a sun umbrella used at resort hotels. Data concerning the next month's budget appear below: Selling price per unit $ 29 Variable expense per unit $ 16 Fixed expense per month $ 11,440 Unit sales per month 1,030 Required: 1. What is the company's margin of safety? (Do not round intermediate calculations.) 2. What is the company's margin of safety as a percentage of its sales? (Round your percentage answer to 2 decimal places (Le. .1234 should be entered as 12.34).) 1. Margin of safety (in dollars) _- 2. Margin of safety percentage _ % Engberg Company installs lawn sod in home yards. The company's most recent monthly contribution format income statement follows: Percent of Amount Sales Sales $ 127,000 100% Variable expenses 50,800 40 Contribution margin 76,200 60% Fixed expenses 22,000 Net operating income $ 54,200 Required: 1' What is the company's degree of operating leverage? 2. Using the degree of operating leverage, estimate the impact on net operating income of a 26% increase in unit sales. 3' Construct a new contribution format income statement for the company assuming a 26% increase in unit sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Construct a new contribution format income statement for the company assuming a 26% increase in unit sales. Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales $ 96,000 $ 48,000 $ 144,000 Variable expenses 29,800 6,200 36,000 Contribution margin $ 66,200 $ 41,800 108,000 Fixed expenses 87,525 Net operating income $ 20,475 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even point in dollar sales? 3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What is the overall contribution margin (CM) ratio for the company? Overall CM ratio - % Required 1 Required 2 Required 3 What is the company's overall break-even point in dollar sales? (Do not round intermediate calculations.) Required 1 Required 2 Required 3 Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Fill in the missing amounts in each of the eight case situations below, Each case is independent of the others. Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: Complete this question by entering your answers in the tabs below. Required A Required B Assume that only one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Units sold 8,100 _ 19,700 5,800 Sales 1; 251,100 $ 327,500_ $ 191,400 Variable expenses 145,800 _ 216,700 _ Netoperating income (loss) _ $ (3,700) $ 165,100 $ 22,400 Contribution margin perunit _ $ 13 $ 13 Fill in the missing amounts in each ofthe eight case situations below Each case is independent of the others. Required: a. Assume that only one product is being sold in each of the four following case situations: b. Assume that more than one product is being sold in each of the four following case situations: Complete this question by entering your answers in the tabs below. Required A Required B Assume that more than one product is being sold in each of the four following case situations: (Loss amounts should be indicated by a minus sign.) Sales $ 454,000 Variable expenses __I_Il I__I_Il II_l I _l Fixed expenses Net operating income (loss) =I $