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 $ 628,000 439,600 188,400 151,200 $ 37,200 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 $70,800? 3-b. Verify your answer by preparing a contribution format Income statement at the target sales level. Reg 1 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 $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Req 2 Per Unist $ 40 28 $12 Complete this question by entering your answers in the tabs below. Reg 34 Reg 30 Req 4 What is the monthly break-even point in unit sales and in dollar sales? Break-even point in unit sales Break-even point in dollar sales units Reg 5 Reg 2 > 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 Required: 1. What is the monthly break-even point in unit sales and in dollar sales? Per Unit Total $ 628,000 $.40 439,600 28 188,400 $12 151,200 $ 37,200 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 $70,800? 3-b. Verify your answer by preparing a contribution format Income statement at 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 $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to Increase? Req 1 Complete this question by entering your answers in the tabs below. Req 2 Req 3A Req 38 Req 4 < Req 1 Req 5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin Req > 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 $ 628,000 439,600 188,400 151,200 $ 37,200 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 $70,800? Req 1 Per Unit $ 40 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. change in fixed expenses, by how much would you expect monthly net operating Income to Increase? What is the company's CM ratio? If the company can sell more units thereby Increasing sales by $100,000 per month and there is no Req 2 28 $ 12 Complete this question by entering your answers in the tabs below. 34 Req 38 Req 4 < Req 2 Reg S How many units would have to be sold each month to attain a target profit of $70,800? Units sales needed to attain target profit Req 38 > 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 $ 628,000 439,600 188,400 151,200 $ 37,200 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 $70,800? 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 $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating Income to Increase? Req 1 Complete this question by entering your answers in the tabs below. Req 2 Per Unit $ 40 28 $ 12 Reg 3A S Reg 38 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit 05 0 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 $ 628,000 439,600 188,400 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 $70,800? 151,200 $ 37,200 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 $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Req Complete this question by entering your answers in the tabs below. Margin of safety Per Unit $40 28 $ 12 Reg 2 T 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 (.e. 0.1234 should be entered as 12.34).) Dollars Percentage Reg 3A Reg 30 < Req3B Rea S Req 5 > 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 $ 628,000 439,600 188,400 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 $70,800? Req 11 151,200 $ 37,200 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 $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating Income to Increase? Req 2 Per Unit $40 28 $ 12 Complete this question by entering your answers in the tabs below. CM ratio Net operating income increases by Red 3A What is the company's CM ratio? If the company can sell more units thereby increasing sales by $100,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Reg 38 < Req 4 Reg Res