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In March, James Electronics had sales of $2,500,000 (25,000 units), total variable expenses of $1,500,000, and total fixed expenses of $800.000 Required: 1. What is the company's CM ratio? 2. Using the CM ratio, calculate the break-even level of sales in dollars 3. What is the break-even level of sales in units? 4. Estimate the change in the company's operating income if it increased its total sales by $600,000 Part 1 Sales Variable expenses Divide by Sales CM ratio Formula for CM ratio = CM/Sales You can calculate CM ratio either per unit or with totals You would get THE SAME ratio Either take Total CM/Total Sales or CM per Unit / Selling price For every dollar of sales, 40 cents of CM is earned Part 2 BE Sales $: Fixed expenses Divide by CM ratio BE Sales $ + Part 3 BE Sales (Units): Fixed expenses Divide by CM per unit* BE Sales (Units) *Total CM (Part 1) Divide by sales in units CM per unit Part 4 Increase in sales Times CM ratio Increase in CM