Question 16 Parkins Company produces and sells a single product. The company's income statement for the most recent month is given below: Sales (6,000 units at $40 per unit) $240,000 Less Manufacturing costs: Direct materials $48,000 Direct labor (variable) 60,000 Variable factory overhead 12,000 Fixed factory overhead 30.000 150.000 Gross Margin 90,000 Less selling and other expenses Variable selling and other expenses 24,000 Fixed selling and other expenses 42,000 Net operating income $24,000 Required: a. Compute the company's monthly break-even point in units of product. I units b. What would the company's net operating income be if sales increased by 25% and there is no change in fixed expenses? $ c. What dollar sales must the company achieve in order to earn a net operating income of $50,000 per month? $