Whirly Corporation's contribution format income statement for the most recent month is shown below: Sales (7,500 units) Variable expenses Total $ 240,000 150,000 Per Unit $ 32.00 Contribution margin Fixed expenses 90,000 55,900 20.00 $ 12.00 Net operating income $ 34,100 Required: (Consider each case independently): 1. What would be the revised net operating income per month if the sales volume increases by 90 units? 2. What would be the revised net operating income per month if the sales volume is 6,500 units? 1. Revised net operating income 2. Revised net operating income Last month when Holiday Creations, Inc., sold 43,000 units, total sales were $172,000, total variable expenses were $142,760, and fixed expenses were $39,700. 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 550 units and total sales by $2,200? (Do not round intermediate calculations.) 1. Contribution margin ratio 2. Estimated change in net operating income 17 % Fill in the missing amounts in each case situations below. Each independent of the others. Complete this question by entering your answers in the Required A Assume that only one product is being sold in each of the four f a minus sign.) Unit sold Sales Case #1 Case #2 9,700 4,400 $ 320,100 $ 136,400 174,600 Variable expenses Fixed expenses Net operating income (loss) Contribution margin per unit 69 $ 94,000 87,000 33,400 $ (34,200) Angie Silva has recently opened The Sandal Shop in Brisbane, Australia, a store that specializes in fashionable sandals. In time, she hopes to open a chain of sandal shops. As a first step, she has gathered the following data for her new store: Sales price per pair of sandals $ 28 Variable expenses per pair of sandals 14 Contribution margin per pair of sandals $ 14 Fixed expenses per year: Building rental $ 4,200 Equipment depreciation 4,200 Selling Administrative Total fixed expenses 7,000 12,600 $ 28,000 Problem 5-30 (Algo) Part 1 Required: 1. What is the break-even point in unit sales and dollar sales? (Do not round intermediate calculations.) Break-even point in unit sales pairs Break-even point in dollar sales