The following is Tucker Inc.'s contribution format income statement for last month: Sales $700,000 Less variable expenses 200,000 Contribution margin 500,000 Less fixed expenses 300,000 Net income $200,000 The company has no beginning or ending inventories. The company produced and sold 12,000 units last month. If the number of units sold increases by 20%, how much will net income increase? 100000 If sales increase by 150 units, by how much should net income increase? 6250 How many units would the

the company have to sell to attain target profits of $110,000 based on selling 12,000 units?

What is the contribution margin ratio when 12,000 units are sold? Do not show as a percentage, show as a decimal to two decimal places (For example: 0.XX)

What is the break-even in sales dollars when 12,000 units are sold?

What is the break-even in units when 12,000 units are sold?

What is the margin of safety in dollars when 12,000 units are sold?

What is the company's margin of safety percentage when 12,000 units are sold? Do not show as a percentage, show as a decimal to two decimal places (For example: 0.XX)

What is the degree of operating leverage when 12,000 units are sold?