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Q1. Q2. Nice Corporation produces and sells a single product. Data concerning that product appear below: Percent of Sales Per Unit Selling price Variable expenses

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Nice Corporation produces and sells a single product. Data concerning that product appear below: Percent of Sales Per Unit Selling price Variable expenses $260 100% 15% 39 Contribution margin $221 85% Fixed expenses are $180,000 per month. The company is currently selling 1,700 units per month Requlred: Management is considering using a new component that would increase the unit variable cost by $45. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 400 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? (Negative amount should be indicated by a minus sign.) Change in net opersting income The contribution margin ratio of Candle Corporation's only product is 64 %. The company's monthly fixed expense is $454,800 and the company's monthly target profit is $40,800. Required: Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest whole doller amount.) Sales

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