Please complete it as requested.

Wesley Company manufactures and sells a single product. The company's income statement at sales level of 37,500 units for last quarter follows: Total Sales $1,566,666 Less: Variable expenses 1,656,666I Contribution margin 456,666 Less: Fixed expenses 366,366 Net operating income $ 83, 1'66 Required: 1. What is the monthly breakeven point in units sold and in sales dollars? (Round your intermediate calculations and final answers to the nearest whole number.) 9 Answer is complete but not entirely correct. Breakeven point in units sold 36,525 9 Breakeven point in sales dollars $ 1221,000 e 2. Without resorting to computations, ca culate the total contribution margin at the breakeven point for the quarter. 0 Answer is complete and correct. 3-a. How many units would have to be sold each quarter to earn a target prot of $307000? Use the formula method. 3-h. Verify your answer by preparing a contribution format income statement at the target level of sales. ' 9 Answer is not complete. 396,300 $ 396,300 4. Refer to the original data. Compute the company's margin of safety for the quarter in units, in dollars and as a percentage of last quarter's sales. [Round "Percentage" answer to 1 decimal place, [i.e., 0.123 should be considered as 12.3%\" Margin of safety Bl: 5. What is the company's CM ratio? If quarterly sales decrease by $104,000 and there is no change in fixed expenses, what would you expect the quarter's net operating income to be? (Do not prepare an income statement; use the CM ratio to compute your answer.) CM ratio %% Net operating income