Menlo Company distributes a single product. The company's sales and expenses for last month follow:

	Total		Per Unit
Sales	$	499,500		$	30
Variable expenses		199,800			12
Contribution margin		299,700		$	18
Fixed expenses		239,760
Operating income	$	59,940

Required:

1. What is the monthly break-even point in unit sales and in dollar sales? (Do not round intermediate calculations.)

2.What is the total contribution margin at the break-even point without resorting to computations?

3-a. How many units would have to be sold each month to earn a target profit of $99,900? Use the formula method.

3-b. Verify your answer by preparing a contribution format income statement at the target sales level.

Menlo Company
Contribution Income Statement
	Total	Per unit
	0	$0
	$0

4. Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target profit of $99,900? (Round the final answer to the nearest whole number.)