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B e Use the following information for the next 2 questions: 2 K-CO Company Summary Income Statement Data For the year ended December 31,
B e Use the following information for the next 2 questions: 2 K-CO Company Summary Income Statement Data For the year ended December 31, 2016 Sales (4,000 units) Total Variable Costs Contribution Margin Total Fixed Costs Operating Income $ Total per unit % $800,000 200 100% P 120 60% ? P ? 200,000 $120,000 Q4: Calculate K-Co's break-even point (BE) in sales dollars. (2 Marks) A) $333,333 B) $800,000 C) $500,000 D) $120,000 Q5: If the number of units sold increased by 10%, what would be K-Co's expected operating income be closest to? (2 Marks) A) $200,000 B) $132,000 C) $120,000 D) $152,000
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