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 $ ( )
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