need help with these requirements
3 Part 1 of 2 Required information Exercise 5-5 (Static) Changes in Variable Costs, Fixed Costs, Selling Price, and Volume (LO5-4) (The following information applies to the questions displayed below) Data for Hermann Corporation are shown below: 1 points 038 1e111ng price Variable expenses Contribution margin Percent Per unit of Sales $90 1001 70 JON Fued expenses are $30,000 per month and the company is selling 2,000 units per month. Pw Exercise 5-5 (Static) Part 1 Delices Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $5,000, the monthly sales volume increases by 100 units, and the total monthly sales increase by $9.000? 1-b. Should the advertising budget be increased? Complete this question by entering your answers in the tabs below. 3 Selling price Variable expenses Contribution margin $ 90 63 $ 27 1001 70 301 Part 1 of 2 Fixed expenses are $30,000 per month and the company is selling 2,000 units per month 1 points Exercise 5-5 (Static) Part 1 03:10:40 Required: 1-3. How much wil net operating income increase (decrease) per month if the monthly advertising budget increases by $5,000, the monthly sales volume increases by 100 units, and the total monthly sales increase by $9,000? 1-b. Should the advertising budget be increased? Saipped Boom Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Berences How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $5,000, the monthly sales volume increases by 100 units, and the total monthly sales increase by 19,000 Nul oportung income by Reg18 > 7 1.25 points Lin Corporation has a single product whose selling price is $140 per unit and whose variable expense is $70 per unit. The company's monthly fixed expense is $32,500. Required: 1. Calculate the unit sales needed to attain a target profit of $7050. (Do not round intermediate calculations.) 2. Calculate the dollar sales needed to attain a target profit of $8,200. (Round your intermediate calculations to the nearest whole number.) 03.49.23 wool units Units sales to attain target profit 2. Dollar sales to attain target profit 00 1.25 points Last month when Holiday Creations, Inc., sold 40,000 units, total sales were $160,000, total variable expenses were $131,200, and fixed expenses were $35,400. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase sales volume by 475 units and total sales by $1,900? (Do not round intermediate calculations.) 8 0342 Book 1. Contribution margin ratio 2. Estimated change in net operating income Hint