Gerber Company is planning to sell 200,000 units for $2.00 a unit and will just break even at this level of sales. The contribution margin ratio is 25%. What are the company's fixed expenses? $100,000 $300,000. $160,000 $200,000 Kern Company prepared the following tentative budget for next year: Sales Selling price Variable expenses Fixed expenses $500,000 $5 per unit $300,000 $150,000 The sales manager argues that the unit selling price could be increased by 20%, with an expected volume decrease of only 10%. If Kern incorporates these changes in its budget, what should be the budgeted operating income