1. Duff Beer, a company that produces and sells a single product, has provided its contribution format income statement for July. Sales (7,600 units) Variable expenses Contribution margin Fixed expenses Net operating income $387,600 235,600 152,000 103,500 $48,500 I If the company sells 7,500 units, its net operating income should be closest to: $46,500 2. Dunder Mifflin, Inc. produces and sells a single product. The selling price of the product is $200.00 per unit and its variable cost is $60.00 per unit. The fixed expense is $407,820 per month. The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) $1,359,400 $582,600 $407,820 $951,580