30 31 32 28 29 Use the following information for the next 2 questions: K-CO Company Summary Income Statement Data For the year ended December 31, 2016 33 $ Total $ per unit % 34 Sales (4,000 units) $800,000 200 100% 35 Total Variable Costs 120 60% 36 Contribution Margin ? ? ? 37 Total Fixed Costs 200,000 38 Operating Income $120,000 39 40 Q4: Calculate K-Co's break-even point (BE) in sales dollars. (2 Marks) A) $333,333 42 B) $800,000 13 C) $500,000 141 D) $120,000 15 16 17 Q5: If the number of units sold increased by 10%, what would be K-Co's expected operating 18 income be closest to? (2 Marks) 19 A) $200,000 B) $132,000 50 51 2 3 C) $120,000 D) $152,000