Milier Company's contribution format income statement for the most recent month is shown below Required: (Consider each cose independently) 1. What is the revised net operating income if unit sales increase by 16% ? 2. What is the revised net operating income if the selling price decreases by $130 pet unit and the number of units coid increases by 3. What is the revised net operating income if the selling price incieases by $130 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 4% ? 4. What is the revised net operating income if the selling price per unit increases by 10N; vantable expenses increase by to cents per unit, and the number of units sold decreases by 15% ? Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 16% ? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 24% ? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 4% ? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 10 cents per unit, and the number of units sold decreases by 15% ? Menlo Company distributes a single product. The company's sales and expenses for tast month follow: 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 $31,800 ? 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 $85,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? What is the monthly break-even point in unit sales and in dellar sales? Complete this question by entering your answers in the tabs below. Without resorting to computations, what is the total contribution margin at the break-even point: Complete this question by entering your answers in the tabs below. How many units would have to be sold each month to attain a target profit of $31,000 ? Complete this question by entering your answers in the tabs below. Verify your answer by preparing a contribution format income statement at the target sales level. Complete this question by entering your answers in the tabs below. Refer to the original data. Compute the company's margin of safety in both dollar and percenta percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Complete this question by entering your answers in the tabs below. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $85,000 per mon is no change in fixed expenses, by how much would you expect monthly net operating income to increase
