Basic Cost-Volume-Profit Concepts Klamath company produces a single product. The projected income statement for the coming year is as follows: Sales (88,400 units $26.00) $2,298,400 Total variable cost 1,264,120 Contribution margin $ 1,034,280 Total fixed cost 1,117,350 Operating income $(83,070) Required: 1. Compute the unit contribution margin and the units that must be sold to break even Unit contribution margin Break-even units units 2. Suppose 10,000 units are sold above breakeven. What is the operating income? 3. Compute the contribution margin ratio. Use the contribution margin ratio to compute the break-even point in sales revenue. Contribution maroin ratio Break-even sales revenue Suppose that revenues are $200,000 more than expected for the coming yeur, what would the total operating income be? Printem Klamath company produces a single product. The projected income statement for the coming year is as follows: Sales (88,400 units o $26.00) $2,298,400 Total variable cost 1,264,120 Contribution margin $1,034,280 Total fixed cost 1,117,350 Operating income $ (83,070) Required: 1. Compute the unit contribution margin and the units that must be sold to break even. Unit contribution margin Break-even units 2. Suppose 10,000 units are sold above breakeven. What is the operating income? units % 3. Compute the contribution maroin ratio. Use the contelbution margin ratio to compute the break even point in sales revenue. Contribution maroin ratio Break even sales revenue Suppose that revenues are $200,000 more than expected for the coming win. What would the total operating income be