27) Sorin Inc, a company that produces and sells a single product, has provided its contribution format income statement for January 155,400 Sales (4,200 units) Variable expenses Contribution margins Fixed expenses 100.800 54,600 42.400 12.200 Net operating income If the company sells 4.600 units, its total contribution margin should be closest to: co A) $69,400 D) $13,362 C) $54,600 B) $59.800 28) Kelchner Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. 180,000 108,000 Sales (3,000 units) Variable expenses 72,000 62,400 Contribution margin Fixed expenses 9,600 Net operating income The contribution margin ratio is closest to: A) 40% D) 67% C) 33% B) 60% 29) Carver Corporation produces a product which sells for $40, Variable manufacturing costs are $18 per unit. Fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. A selling commission of 15 % of the selling price is paid on each unit sold. The contribution margin per unit is: A) S17 b void C) $7 B) $16 D) $22 30) Warrix Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income 120,000 90,000 30,000 27,000 3,000 If sales increase to 3,020 units, the increase in net operating income would be closest to: A) $800.00 B) $200.00 C) $20.00 D) $600.00