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Show me the steps to solve Question 4.4(Total: 39 ?marks)The following is Silver Corporation's contribution...

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Accounting

Show me the steps to solve Question 4.4
(Total: 39 ?marks)
The following is Silver Corporation's contribution format income statement for last month:
The company has no beginning or ending inventories and produced and sold 20,000 ?units during the month.
Required:
1. ?What is the company's contribution margin ratio?
2. ?What is the company's break-even in units?
3. ?If sales increase by 100 ?units, by how much should operating income increase?
4. ?How many units would the company have to sell to attain target operating income of \( \$ 225,000 \) ?
5. ?What is the company's margin of safety in dollars?
6. ?What is the company's degree of operating leverage?
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