Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit $ 230 Percent of Sales 1000 200 Selling price Variable expenses Contribution margin $184 800 Fixed expenses are $150,000 per month. The company is currently selling 1,000 units per month Required: Management is considering using a new component that would increase the unit variable cost by $80. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 700 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? (Negative amount should be indicated by a minus sign.) Change in net operating income The contribution margin ratio of Candle Corporation's only product is 75%. The company's monthly fixed expense is $456,000 and the company's monthly target profit is $42,000. Required: Determine the dollar sales to attain the company's target profit. (Round your answer to the nearest whole dollar amount.) Sales A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense Variable selling and administrative expense Fixed selling and administrative expense Net operating income 265,000 $969,000 $230,000 $307,000 $196,360 $ 91,000 $144,640 The company's contribution margin ratio is closest to: Multiple Choice O O O O Salt Corporation's contribution margin ratio is 79% and its fixed monthly expenses are $48,000. Assume that the company's sales for May are expected to be $107,000. Required: Estimate the company's net operating income for May, assuming that the fixed monthly expenses do not change. Net operating income