Required: 1-5
Menlo 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? 3a. How many units would have to be sold each month to attain a target profit of $62,400 ? 3-b. Verify your answer by preparing a contribution formot income stotoment at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in dollar and percentage terms. 5. What is the company's CM ratio? if the company can sell more units, thereby increosing sales by $95,000 per month, and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. What is the monthly break-even point in ynit sales and in doliar sales? 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 seles 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 profit of $62,400 ? 3-b, Verify your answer by preparing o contribution format income statement at the target sales fevel. 4. Refer to the original data. Compute the company's margin of safety in dollar and percentage terms. 5. What is the company's CM ratio? If the company can seil more units, thereby increasing sales by $95,000 per month, and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Refer to the original data. Compute the company's margin of safety in doliar and percentage terms. Note. Round, your percentage antwer to 2 decimal places (1.e,0.1234 should be entered as 12.34 ). Menlo Company distributes a single product. The company's sales and expenses for last month follow: Required: 1. What is the monthy break-even point in unit sales and in dollor 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 profit of $62,400 ? 3-b. Verify your answer by preparing a contribution format income statoment at the target soles level. 4. Refer to the original data. Compute the company's margin of safety in dollar and percontage terms. 5. What is the company's CM ratio? If the company can sell more units, thereby increasing sales by $95,000 per month, and there is na change in foced expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. How many units would have to be sold each month to attain a target profit of $62,400 ? 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 profit of $62,400 ? 3-b. Venify your answer by preparing a contribution format income statement ot the target saies level. 4. Refer to the originai data, Compute the company's margin of safety in dollac and percentage terms. 5. What is the company's CM ratio? If the compony can selt more units, thereby increasing sales by 595,000 per month, and there is n change in foed exponses, by how much would you expect monthly net oporating income to increase? Complete this queation 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 tor 595,000 por month and there is no change in fiaed expenses, by how much would you expect monthly net operating income to increase? 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 profit of $62,400 ? 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 dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units, thereby increasing sales by $95,000 per month, and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Verify your answer by preparing a contribution fornat income statement at the target sales level. Menlo 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 profit of $62,400 ? 3-b. Verify your answer by preparing a contrlbution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in dollar and percentage terms. 5. What is the company's CM ratio? if the company can seli more units, thereby increasing sales by $95,000 per month, and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Without resorting to computations, what is the total contribution margin at the break-even point
