Use the following information to answer the questions that follow. Please show your work. This may require using a separate piece of paper. Make sure your name is on both. O Variable / Fixed work in may Lake Berryessa Marine Income Statements For the Three Months Ending June 30 April May Sales in units 6,500 7,400 Sales revenue $260,000 $296,000 Cost of goods sold 78,000 88,800 Gross margin 182,000 207,200 Selling & admin expenses Advertising 5,000 5,000 Shipping 67,500 75,600 Depreciation 2.500 2,500 Total selling & admin expenses 75,000 83,100 Net operating income $107,000 $124,100 June 7,000 $280,000 84.000 196,000 5,000 72,000 2,500 79,500 $116,500 1. What is the CM per unit? 2. What is the CM ratio? 3. What is the break-even in units? 4. What is the break-even in dollars? 5. What level of sales is required to meet a target NOI of $150,000? 6. What is the margin of safety ratio for May? 7. What is the DOL for May