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Concord Corporation's variable costs are 30% of sales. The company is contemplating an advertising campaign that will cost $65000. If sales are expected to increase $230000, by how much will the company's net income increase? $165000$96000$161000$69000 Sunland Company reported the following information for the current year: Sales ( 64000 units) $1280000, direct materials and direct labor $640000, other variable costs $64000, and fixed costs $360000. What is Sunland's contribution margin ratio? 45% 55% 64% 36%