fixed expenses are $4,000. What will the Corporation's net operating income be at a volume of 1,001 units? A) $9 B) $13 C) $$,000 D) $4 15. At a break-even point of 1,000 units sold, White Corporation's variable expenses are $9,000 and its 16. Information concerning Label Corporation's operations follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income $300,000 240,000 60,000 20,000 40,000 Assuming that Label increased sales by $90,000 and fixed expenses remain the same, by what amount will net operating income increase? A) $12,000 B) $18,000 C) $72,000 D) $90,000 17, Jones has a contribution margin ratio of 30%. This means that A) contribution marginmust be 70% of sales. B) fixed costs must be 30% of sales. C) total costs must be 30% of sales. D) variable costs must be 70% of sales. I8. Data for Cost X and Cost Y appear below: Product-IUnitsproduced-l cost erunit1Costin total $10 $100 $1,000 $10,000 10 100 1,0007 Product Units producedCost per unit Cost in total 10 100 1,000 S5,000 $500 S50 $5 Which of the following best classifies Costs X and Y A) X is variable; Y is variable B) X is variable: Y is fixed C) X is fixed; Y is variable D) X is fixed; Y is fixed