A B 01: Axe Co's management is reviewing financial results for the month of January 2017. The results include, total variable costs of $4,000, total sales of $6,000 and total fixed costs of $4,000 the operating income (loss) for the month of January is: A) ($6,000) B) $2,000 C) $6,000 D) ($2,000) Use the following information to answer the following 3 questions: Spark Design Corporation had the following results last month: $ % Sales (15,000 units) $1,500,000 100% Variable expenses $ 900,000 60% Contribution margir $ 600,000 40% $ 500,000 Operating income $ 100,000 Fixed expenses Q2: If sales increase by 100 m