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The contribution format income statement of White Whale is presented below. The statement is based on a sales volume of 900 units. Sales KD 23,400

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The contribution format income statement of White Whale is presented below. The statement is based on a sales volume of 900 units. Sales KD 23,400 Variable expenses KD 13,500 Contribution margin KD 9,900 Fixed expenses KD 6,600 Net operating income KD 3,300 REQUIRED: Answer the following question using the information above. 1. What is the contribution margin per unit? KD 2. What is the contribution margin ratio? 3. What is the variable expense ratio? 4. What is the break-even point in unit sales? 5. What is the break-even point in Dinar sales? KD 6. How many units must be sold to achieve a target profit of KD 4,400? 7. What is the margin of safety? KD 8. What is the margin of safety percentage? 9. What is the degree of operating leverage? 10. Using the previous answer, what is the estimated percent increase in net operating income of a 15% increase in sales? 11. If sales increase to 950 units, how much would the net operating income increase by? (increase only, not total net operating income) KD 12. If sales decline to 800 units, what would be the total net operating income? KD 13. If the selling price increases by KD 2 per unit and the sales volume decreases by 100 units, what would be the net operating income? KD 14. If the variable cost per unit increases by KD 1, spending on advertising increases by KD 1,500, and unit sales increase by 250 units, what would be the net operating income? KD

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