A cement manufacturer has supplied the following data: Tons of cement produced and sold 285,000 $989,000 $234,000 $319,000 $181,380 $ 95,000 $159,620 Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income The company's contribution margin ratio is closest to: Multiple Choice 0441% 16.1% 0677% 58.0% Fern Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $72,000 per year, and the company must sell 9,000 units to break even. If the company has a target profit of $17,000, sales in units must be: Multiple Choice 12,600 units 9,850 units 11,125 units 10,307 units Nice Corporation produces and sells a single product. Data concerning that product appear below: Percent of Sales Per Unit 100% 20% Selling price Variable expenses $310 62 $248 80% Contribution margin Fixed expenses are $230,000 per month. The company is currently selling 1,800 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $50. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 400 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? (Negative amount should be indicated by a minus sign.) Change in net operating income Grape Inc., which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) 310,000 125,000 Variable expenses Contribution margin Fixed expenses 185,000 104,500 $ 80,500 Net operating income Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units.(Do not round intermediate calculations.) Sales Variable expenses Contribution margin 01 Fixed expenses Net operating income 0