Problem 2 (Ch.5): Zeus Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 300,000 240,000 60,000 54,000 $ 6,000 Required: a. What is the contribution margin ratio? N V b. What is the break-even point in sales units and sales dollars? c. If sales increase to 5,200 units, what would be the estimated increase in net operating income? d. Based on the original data, If the selling price decreases by 10% per unit and the sales volume increases by 400 units, what would be the estimated net operating income? e. Based on the changes in part d, how many units would need to be sold to achieve a profit target of $24,000? What are the sales dollars needed to achieve a profit of $24,000? P F