Whirlv Corporation's contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,333 units) $ 212,939 $ 34.99 Variable expenses 163,333 23.33 Contribution margin 112,333 $ 14.33 Fixed expenses 55,133 Net operating income $ 55,933 Required: (Consider each case independently): 1. What would be the revised net operating income per month ifthe sales volume increases by 80 units? 2. What would be the revised net operating income per month ifthe sales volume decreases by 80 units? 3. What would be the revised net operating income per month if the sales volume is 7,000 units? 1. Revised net operating income 2. Revised net operating income 3. Revised net operating income Last month when Holiday Creations. Incorporated, sold 41,000 units, total sales were $164,000, total variable expenses were $131,200, and fixed expenses were $39,100. Required: 1. What is the company's contribution margin (CM) ratio? 2. What is the estimated change in the company's net operating income if it can increase sales volume by 300 units and total sales by $1,200? (Do not round intermediate calculations} 1. Contribution margin ratio "/0 2. Estimated change in net operating income Required information [T he following information applies to the questions displayed below] Data for Hermann Corporation are shown below: Percent Per Unit of Sales Selling price $ 86 189% Variable expenses 44 55 Contribution margin $ 36 45% Fixed expenses are $76,000 per month and the company is selling 2,500 units per month. Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8'100' the monthly sales volume increases by 100 units, and the total monthly sales increase by $8,000? 1-b. Should the advertising budget be increased? Req 1A Reg 13 How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,100, the monthly sales volume increases by 100 units, and the total monthly sales increase by $8,000? (Do not round intermediate calculations.) :-:| Req1B ) Req 1A Req 1B Should the advertising budget be increased? OYes ONO Last year Minden Company introduced a new product and sold 25,700 units of it at a price of $93 per unit. The product's variable expenses are $63 per unit and its fixed expenses are $833,700 per year. Required: 1. What was this product's net operating income (loss) last year? 2. What is the product's break-even point in unit sales and dollar sales? 3. Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc.}, what is the maximum annual profit that it can earn on this product? What sales volume and selling price per unit generate the maximum profit? 4. What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 What was this product's net operating income (loss) last year? l l l Required 1 Required 2 Required 3 Required 4 What is the product's break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) Break-even point in units Break-even point in dollar sales Required 1 Required 2 Required 3 Required 4 Assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. If the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc.), what is the maximum annual prot that it can earn on this product? What sales volume and selling price per unit generate the maximum prot? Show less; Maximum annual prot Number of units Required 1 Required 2 Required 3 Required 4 What would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3? (Do not round intermediate calculations.) Break-even point in units Break-even point in dollar sales