Johnson Corporation sells graphing calculators at $150 per calculator. The variable costs associated with each calculator are as follows: Direct Materials: $55 Direct Labor: $40 Factory Overhead: $25 Total fixed costs for the period are $265,000.

The contribution margin per calculator is:

choices:

$95

$55

$120

$30

The breakeven point is units is:

choices:

270

8,834

265,000

4,818

If 20,000 calculators were sold in the period, the operating income would be:

choices:

$2,735,000

$600,000

$265,000

$335,000