Verify your answer about the parent contribution for my income statement at the target sales level

HP Webcar X Zoom X Mail - Kasse, John C. (Student X () Topic: Your MBA 6100 Week X Connect X https://ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect ment #2 i Saved Total Per Unit Sales $ 620, 000 $ 40 Variable expenses 434, 000 28 Contribution margin 186, 000 $ 12 Fixed expenses 154, 800 Net operating income $ 31, 200 Book Required: 1 What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? How many units would have to be sold each month to attain a target profit of $51,600? 3-b. Verily your answer by preparing a contribution format income statement at the target sales level. 4. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. 5. What is the company's CM ratio? If the company can sell more units thereby increasing sales by $57,000 per month and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase? Complete this question by entering your answers in the tabs below. Reg 1 Req 2 Req 3A Req 3B Req 4 Req 5 Verify your answer by preparing a contribution format income statement at the target sales level. Menlo Company Contribution Income Statement Total Per Unit Sales 40 Variable expenses Sraw X N O P W O T