MathTot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The companys income statement from last month is as follows:

		Total		Per Unit
Sales revenue		$728,000		$52
Variable expenses		254,800		18.20
Contribution margin		473,200		$33.80
Fixed expenses		292,500
Operating income		$ 180,700	1) What is MathTots contribution margin ratio? Its variable cost ratio? 2) What is MathTots margin of safety? 3) If MathTots sales were to increase by $200,000 with no change in fixed expenses, by how much would operating income increase? (Use the rounded contribution margin ratio calcuated in the previous part to compute Breakeven Sales.) Net Operating income will increase by 4) MathTots managers have determined that variable costs per unit will increase by 17% beginning next month. To offset this increase in costs, they are considering a 11% increase in the sales price. Market research indicates that the price increase will result in a 3% decrease in the number of learning systems MathTot sells. What will be MathTots expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places e.g. 0.38 and final answer to 0 decimal places, e.g. 3,800.) Operating income