Jose Inc. has reported the following information in its contribution margin income statement:

Sales: $700,000 Fixed costs: $300,000 Net income: $260,000

What is the amount of contribution margin to be reported in its income statement?

Group of answer choices

$560,000

$400,000

$440,000

More information is required to calculate contribution margin.

The following information pertains to Neuron Inc.:

Contribution margin ratio: 60% Total fixed costs: $180,000 Tax rate 25%

The sales in dollar required to obtain a target after-tax profit of $90,000 is:

Group of answer choices

$500,000

$412,500

$900,000

More information is needed to calculate required sales dollars.

Dunkin Inc. has reported a contribution margin of $60,000 during the current period. If the operating leverage is determined as 2.5, what would be Dunkin's net income?

Group of answer choices

$30,000

$150,000

Fixed cost information is required to compute the net income.

$24,000