Keomuangtai Corporation produces and sells a single product. The company has provided its contribution

Keomuangtai Corporation produces and sells a single product. The company has provided its contribution format income statement for October.

Sales (4,600 units)............. $266,80 0
Variable expenses.............. 179,400
Contribution margin.......... 87,400
Fixed expenses................... 62,200
Net operating income........ $ 25,200

1. If the company sells 4,500 units, its total contribution margin should be closest to: A) $85,500 B) $24,652 C) $87,400 D) $81,600
2. If the company sells 4,200 units, its net operating income should be closest to: A) $17,600 B) $23,009 C) $25,200 D) $2,000 SOLUTION