Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Per Unit Sales $1,057,000 $70 Variable expenses 739,900 49 Contribution margin 317,100 $21 Fixed expenses 268,800 Net operating income $48,300 Requirement 1: What is the monthly break-even point in units sold and in sales dollars? (Omit the "$" sign in your response.) Monthly break-even point units Sales $ Requirement 2: Without resorting to computations, what is the total contribution margin at the break-even point? (Omit the "$" sign in your response.) Total contribution margin at the break-even point $ Requirement 3: How many units would have to be sold each month to earn a target profit of $119,700? Use the formula method. Units sold units Requirement 4: Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage value to 2 decimal places. Omit the "$" and "%" signs in your response.) Dollars Percentage% Margin of safety $ -------------------------------------------------------------------------------- Requirement 5: What is the company's CM ratio? If sales increase by $86,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? (Round your percentage value to nearest whole percent. Round your dollar value to the nearest dollar amount. Omit the "$" and "%" signs in your response.) CM ratio % Increased net operating income $