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Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Het operating income Total $ 628,000 439,600 188,400 152,400 $ 36,000 Per Unit $ 40 28 $ 12 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. How many units would have to be sold each month to attain a target profit of $61.2007 3. Verify your answer by preparing a contribution format income statement at the target sales levet 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 sales increase by $56,000 per month and there is no change in the expenses would you expect monthly net operating income to increase? Req 1 Reg 2 Req 3A Reg 4 Req 38 What is the monthly break-even point in unit sales and in dollar sales? units Break-even point in unit sales Break-even point in dollar sales Reg 1 Req 2 Req 3A Req 3B Reg 4 Reg 5 Without resorting to computations, what is the total contribution margin at the break-even point? Total contribution margin Reg 1 Req 2 Rem, Req 3B Req 4 Reg 5 How many units would have to be sold each month to attain a target profit of $61,2007 Units sales needed to attain target profit Req 1 Req 2 Req Req 3B Req 4 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level Menlo Company Contribution Income Statement Total Per Unit Reg 1 Reg 2 Req Req 3B Req 4 Reg 5 Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. Row percentage answer to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Dollars Percentage % Margin of safety Reg 1 Reg 2 Reg 3A Reg 38 Reg 4 Reg 5 What is the company's CM ratio? If sales increase by $56,000 per month and there is no change in fixed expenses, by much would you expect monthly net operating income to increase? CM ratio Net operating income increases by