Mikasa manufactures and sells fine crystals. Current sales are 35.000 units. Sales $60/unit Variable Expenses 15/unit Fixed Costs $1,400.000 REQURIED: [If need be. round to nearest unit or dollar] 1) Compute CM Ratio and Variable Expense Ratio 2) Compute Break-Even point in Units AND Dollars 3) How many units must be sold to earn a profit of $350,000? 4) Compute the Degree of Operating Leverage 5) If we lose 10% of sales, what % would Operating Income change (Use Operating Leverage) 6) Compute the Margin of Safety in $ AND 96. T) We want to improve profits so we are raising the sales price by $5.00 and reducing Variable Expenses by $1.00 and eliminating out $400,000 of Fixed Costs. a] Determine new B/E Point in Units AND Dollars