The owner of Morning Restaurants prepared the following contribution format income statement for September based on an estimated covers of 8000 Required: 1 What is the contribution margin per cover? And what is the contritubtion margin ratio? 2 What is the variable expense percentage? 3 If sales volume increases by 8%, what would be the net operating income of the company? 4 If the original selling price per cover increases by $1.20 per cover, original sales volume decreases by 4%, and fixed costs decreases by 2%, what would be the net operating income? 5 What is the break-even point in sales quantity? Use original data. Round to whole numbers. 6 What is the break-even point in dollar sales? Use original data. 7 How many covers must be sold to achieve a net operating income of \$25,000? Use original data. Round to whole numbers! 8 What is the margin of safety in dollars and in quantity? Use original data. Answer the questions using the following template. \begin{tabular}{|l|l|} \hline CM per cover & \\ \hline & \\ \hline CM Ratio (CMR) & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline Variable Expense Ratio & \\ \hline \end{tabular} 3 Sales Variable expenses Contribution margin Fixed expenses Net operating income \begin{tabular}{|l|l|} \hline Margin of Safety in \$ & \\ \hline & \\ \hline Maring of Safety in Quantity & \\ \hline \end{tabular}