Ark corporations contribution format income statement for, Financial Accounting

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Ark corporations contribution format income statement for

The following is Ark Corporation's contribution format income statement for last month:

Sales $1,200,000

Variable Expenses 800,000

Contribution Margin 400,000

Fixed Expenses 300,000

Net Operating income $100,000

The company has no beginning or ending inventories and produced and sold 20,000 units during the month.

What is the company's contribution margin ratio?
What is the company's break-even in units?
If sales increased by 100 units, by how much should net operating income increase?
How many units would the company have to sell to attain a target profit of $125,000?
What is the company's margin of safety?
What is the company's degree of operating leverage?

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