Last month when Holiday Creations, Incorporated, sold 41,000 units, total sales were $164,000, total variable expenses were $126,280, and fixed expenses were $39,400. 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 250 units and total sales by $1,000 ? (Do not round intermediate calculations.) Prepare an income statement for the year. Assume that the company uses variable costing. Prepare an income statement for the year. Assume that the company uses absorption costing. Lindon Company is the exclusive distributor for an automotive product that sells for $26.00 per unit and has a CM ratio of 30%. The company's fixed expenses are $132,600 per year. The company plans to sell 18,800 units this year. Required: 1. What are the variable expenses per unit? (Round your "per unit" answer to 2 decimal places.) 2. What is the break-even point in unit sales and in dollar sales? 3. What amount of unit sales and dollar sales is required to attain a target profit of $54,600 per year? 4. Assume that by using a more efficient shipper, the company is able to reduce its variable expenses by $2.60 per unit. What is the company's new break-even point in unit sales and in dollar sales? What dollar sales is required to attain a target profit of $54,600 ? Compute the unit product cost. Assume that the company uses variable costing. Mauro Products distributes a single product, a woven basket whose selling price is $23 per unit and whose variable expense is $19 per unit. The company's monthly fixed expense is $4,000. Required: 1. Calculate the company's break-even point in unit sales. 2. Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) 3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? (Do not round intermediate calculations.)