please answer 4, 5 and 6 and if you can answer all it will be very good Menlo Company distributes a single product. The company's sales and expenses for last month follow:Total$477,000190,800Per Unit$ 3012286,200$18228,960$ 57,240SalesVariable expensesContribution marginFixed expensesOperating incomeRequired:1. What is the monthly break-even point in unit sales and in dollar sales? (Do not round intermediate calculations.)Break-even point in unit salesBreak-even point in sales dollarsunits2. Without resorting to computations, what is the total contribution margin at the break-even point?Total contribution margin3-a. How many units would have to be sold each month to earn a target profit of $95,400? Use the formula method.Units soldunits3-b. Verify your answer by preparing a contribution format income statement at the target sales level.Menlo CompanyContribution Income StatementTotalPer unit 4. Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax targetprofit of $95,400? (Round the final answer to the nearest whole number.)Unit sales required5. Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentageanswer to 2 decimal places.)Margin of safetyShow Transcribed TextDollarsunitsCM ratioMonthly operating income increases byPercentage%6. What is the company's CM ratio? If sales increase by $53,000 per month and there is no change in fixed expenses, by how muchwould you expect monthly net operating income to Increase? (Round your percentage answer to 2 decimal places and other answerto the nearest whole dollar amount.)C%

The contribution margin is calculated as difference between sales and variable costs. The operating…

Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target ofit of $95,400? (Round the final answer to the nearest whole number.) Unit sales required Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage swer to 2 decimal places.) Margin of safety Show Transcribed Text Dollars units CM ratio Monthly operating income increases by Percentage What is the company's CM ratio? If sales increase by $53,000 per month and there is no change in fixed expenses, by how much ould you expect monthly net operating income to increase? (Round your percentage answer to 2 decimal places and other answer the nearest whole dollar amount.) %

Refer to part 3 and now assume that the tax rate is 30%. How many units would need to be sold each month for an after-tax target ofit of $95,400? (Round the final answer to the nearest whole number.) Unit sales required Refer to the original data. Compute the company's margin of safety in both dollar and percentage terms. (Round your percentage swer to 2 decimal places.) Margin of safety Show Transcribed Text Dollars units CM ratio Monthly operating income increases by Percentage What is the company's CM ratio? If sales increase by $53,000 per month and there is no change in fixed expenses, by how much ould you expect monthly net operating income to increase? (Round your percentage answer to 2 decimal places and other answer the nearest whole dollar amount.) %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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