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Please help me with #5 Menio Company distributes a single product. The company's sales and expenses for last month follow: Required: 1. What is the
Please help me with #5
Menio Company distributes a single product. The company's sales and expenses for last 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 proft 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 $75,000 per month and there is change in fixed expenses, by how much would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Whit is the company's CM rotio? If the company can sell more unlts thereby incressing sales by $75,000 per month and there is no change in fixed expenses, by how much wouid you expect monthly net operating income to increase? Answer is complete but not entirely correct. 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 $75,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating incorne to increase Step by Step Solution
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