The contribution format income statement for Huerra Company for last year is given below:

	Total		Unit
Sales	$	1,008,000	$	50.40
Variable expenses		604,800		30.24
Contribution margin		403,200		20.16
Fixed expenses		323,200		16.16
Net operating income		80,000		4.00
Income taxes @ 40%		32,000		1.60
Net income	$	48,000	$	2.40

The company had average operating assets of $490,000 during the year.

Required: margin and turnover. (Round your Turnover answer to 2 decimal places. Round your Margin and ROI percentage answers to 2 decimal places (ie. 0.1234 should be enteredas 12.34)) Margin remain unchanged as a result of the events described, and then compute the new ROl figure. Consider each question separately, starting in each case from the data used to compute the original ROl in (1) above. 2. Using Lean Production, the company is able to reduoe the average level of inventory by $99,000. (The released funds are used to pay off short-term creditors.) (Round your Turnover answerto 2 decimal places. Round your Margin and ROl percentage answers to 2 decimal places (ie, 0.1234 should be enteredas 12.34)) enered as w23g and oipercege answers to 2 decimal paces (ie- Margin Turnover 3. The company achieves a cost savings of $9,000 per year by using less costly materials. (Round your Turnover answer to 2 decimal places. Round your Margin and ROl percentage answers to 2 decimal places (ie0.1234 should be entered as 12.34)) Margin Turnover ROI