Return to Menlo Company distributes a single product. The company's sales and expenses for last month follow: Total Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 604,000 422,800 181,200 150,000 $ 31,200 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-a. How many units would have to be sold each month to attain a target profit of $76,800? 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 both dollar and percentage terms. 5. What is the company's CM ratio? If sales increase by $69.000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req1 Reg 2 Reg JA Reg 38 Reg 4 Regs What is the monthly break even point in unit sales and in dollar sales? 12.500 units Break.even point in unit sales Break-even point in dollar sales $ 500.000 Res2 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 604,000 422,800 181,200 150,000 $ 31,200 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-a. How many units would have to be sold each month to attain a target profit of $76,800? 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 both dollar and percentage terms. 5. What is the company's CM ratio? If sales increase by $69,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 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 $ 150,000 Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $ 604,000 422,800 181,200 150,000 $ 31,200 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-a. How many units would have to be sold each month to attain a target profit of $76,800? 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 both dollar and percentage terms. 5. What is the company's CM ratio? If sales increase by $69,000 per month and there is no change in fixed expenses, by how muc would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Reg 38 Reg 4 Reg 5 How many units would have to be sold each month to attain a target profit of $76,800? Units salos needed to attain target profit 13,900 Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completi Ret: $ 12 Contribution margin Fixed expenses Net operating income 181,200 150,000 $ 31,200 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 $76,800? 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 both dollar and percentage terms. 5. What is the company's CM ratio? If sales increase by $69,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Req 3A Req 3B Reg 4 Reg 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Per Total Unit Sales $ 556,000 $ 40 Variable expenses 389,200 28 Contribution margin 166,800 $ 12 Fixed expenses 150,000 Net operating income $ 16,800 ololololo
