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Menlo Company distributes a single product. The company's sales and expenses for last month follow Sales Variable expenses Contribution margin Fixed expenses Het operating income

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Menlo Company distributes a single product. The company's sales and expenses for last month follow Sales Variable expenses Contribution margin Fixed expenses Het operating income Total Per Unit $ 382,000 $20 211,400 90,600 $16 76 300 $ 13,800 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 $35.4007 3-6 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 $88.000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase Answer is not complete. Complete this question by entering your answers in the tabs below. N Red Reg 2 PAG 3A R30 Reg4 Regs 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 12.000 3 units $.244.000 3 Hey your answers in the tabs below. Req 1 Req 2 Req Req 3B Req 4 Req 5 Without resorting to computations, what is the total contribution margin at the bre Total contribution margin h Reg 1 Reg 2 Rea 3A Req 3B Reg 4 Reg 5 How many units would have to be sold each month to attain a target profit of $35,400? Units sales needed to attain target profit 18.800 x Reg 1 Reg 2 Req 3A Req 38 Req 4 Req 5 M Verify your answer by preparing a contribution format Income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit Sales $ 376,000 8 S 20 Variable expenses 263,200 $ 14 Contribution margin 112,800 $ 6 Fixed expenses 73 200 33 OS Reg 1 Reg 2 Req 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 (.e. 0.1234 should be entered as 12.34).) Margin of safety Dollars $ 12.800 & Percentage 30.00 X 9 Reg 2 Req2 Req 3A Reg 3B Reg 4 Reqs What is the company's CM ratio? If the company can sell more units thereby increasing sales by $88,000 per month 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

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