Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Total $636,000 445,200 Per Unit $ 40 28 Contribution margin Fixed expenses $ 12 190,800 151,200 Net operating income $ 39,600 Required: 1. 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 sales dollars 2. Without resorting to computations, what is the total contribution margin at the break- even point? Total contribution margin 3. How many units would have to be sold each month to earn a target profit of a. $61,200? Use the formula method. Units sold 3. Verify your answer by preparing a contribution format income statement at the target b. sales level. Menlo Company Contribution Income Statement Total Per unit 0 $ 0 $ 0 4. 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 (i.e .1234 should be entered as 12.34). Dollars Percentage Margin of safety % 5. What is the company's CM ratio? If monthly sales increase by $79,000 and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? % CM ratio Net operating income increases by