10. Gaudy Inc. produces and sells a single product. The company has provided its contribution format income statement for May. Sales (4,500 units) Variable expenses162,000 Contribution margin Fixed expenses135,300 Net operating income $26.700 $427,500 162,000 If the company sells 4,300 units, its net operating income should be closest to: A. S26,700 B. $19,500 C. $7,700 D. $25,513 11. Electrical costs at one of Vanartsdalen Corporation's factories are listed below: Machine-Hours Electrical Cost 2,388 2,356 2,380 2,335 2,312 2,360 2,304 2,314 2,378 S34,213 S33,912 S34,133 33,717 33,514 S33,943 S33.428 33,530 S34,100 anuary. February.. March April May une July Management believes that electrical cost is a mixed cost that depends on machine-hours. Using the high-low method to estimate the variable and fixed components of this cost, these estimates would be closest to: A. $14.41 per machine-hour; $33,832 per month B. $11.30 per machine-hour; $7,229 per month C. S0.11 per machine-hour; $33,957 per month D. $9.35 per machine-hour; $11,885 per month