Menlo Company distributes a single product. The company's sales and expenses for last month follow. Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 632,000 442,400 189,600 152,400 $ 37,200 Per Unit 5.40 28 $12 Required: 1. What is the monthly break-even point in unit sales and in dollar solos? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-8. How many units would have to be sold each month to attain a target profit of $62.400? 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 sales increase by $79.000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 38 Reg 4 Reg 5 What is the monthly break-even point in unit sales and in dollar sales? units Break-even point in unit sales Break-even point in dollar sales 12,300 $ 492,000 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Req 3A Reg 38 Reg 4 Reqs Without resorting to computations, what is the total contribution margin at the break-even point? Toti contribson min $ 147,600 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg! Reg 2 Reqsa Reg 38 Reg 4 Reqs How many units would have to be sold each month to attain a target profit of $62,400? Units salos needed to attain target profit 17.700 points Reg 1 Reg 2 Reg 3A Reg 38 Reg 4 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Sales Variable expenses Contribution margin Fixed expensos Not operating income Per Unit $ 40 28 $ 12 $ 700,000 495,600 212,400 147,600 64,800 ololo Reg 1 Reg 2 Reg 3A Req 3B Reg 4 Reg 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage answer to 2 decimal places (le. 0.1234 should be entered os 12.34).) Dollars Percentage Margin of safety $ 140,000 22.15% Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3A Req 3B Reg 4 Reg 5 What is the company's CM ratio? If sales increase by $79,000 per month and there is no change in fixed expenses, b much would you expect monthly net operating income to increase? 30 % CM ratio Net operating income increases by $ 26,100