Required:

1. What is the product's CM ratio? (Do not round intermediate calculations.) CM ratio - 50%

2. Use the CM ratio to determine the break-even point in sales dollars. (Do not round intermediate calculations. Round your answer to the nearest dollar amount. )

Break-even point in sales dollars -$ 360000

3. The company estimates that sales will increase by $53,000 during the coming year due to increased demand. By how much should net operating income increase?

Net operating income increases by $ ( )

Hey jzshadow84 Attached is the solution of part 3 of the given question Please accept the answer... View the full answer