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Q2. The following is Addison Corporation's contribution format income statement for last month: sales..................................$1,000,000 variable expenses........_700,000________ contribution margin.......300,000 fixed expenses----------_____180,000______ net operating income........$120,000 The company

Q2. The following is Addison Corporation's contribution format income statement for last month:

sales..................................$1,000,000

variable expenses........_700,000________

contribution margin.......300,000

fixed expenses----------_____180,000______

net operating income........$120,000

The company has no beginning or ending inventories. A total of 20,000 units were produced and sold last month.

1. CM: 2. Unit CM: 3. CMR: 4. BEP sales(units): 5. BEP sales($):

6. If the company sells 100 more units, net operating income will increase by $_______________.

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