Menio Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Total $306,000 Per Unit $ 20 214,200 14 Contribution margin 91,800 $ 6 Fixed expenses 75,600 Net operating income $ 16,200 Check my wor Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each month to attain a target profit of $27,000? 3-b. Verify your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both-dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $98,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?