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Pembroke Corporation's contribution format income statement for May is provided below: Sales $1,700,000 Variable expenses 920,000 Contribution 780,000 margin Fixed expenses 380,000 Net operating $400.000

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Pembroke Corporation's contribution format income statement for May is provided below: Sales $1,700,000 Variable expenses 920,000 Contribution 780,000 margin Fixed expenses 380,000 Net operating $400.000 income The company has no beginning or ending inventories and produced and sold 50,000 units during the month. Required: a. What is the company's contribution margin ratio? b. What is the company's break-even in units? c. If sales increase by 100 units, by how much should net operating income increase? d. How many units would the company have to sell to attain a target profit of $200,000? e. What is the company's margin of safety in dollars? f. What is the company's degree of onerating leverage

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