- Required information The following information applies to the questions displayed below) Ohio Limestone Company produces thin limestone sheets used for cosmetic facing on buildings. The following income statement represents the operating results for the year just ended. The company had sales of 1,800 tons during the year. The manufacturing capacity of the firm's facilities is 3,000 tons per year. (Ignore income taxes) OHIO LINESTONE COMPANY Income Statement For the Year Ended December 31, 20x1 Sales $980,000 Variable costs: Manufacturing $315,000 Selling costs 180,000 Total variable costs 3495,000 Contribution margin $405,000 Fixed costs: Manufacturing $100,000 Selling 107,500 Administrative 40,000 Total fixed costs $247,589 Net income $157,500 4. Ohio Limestone plans to market its product in a new territory Management estimates that an advertising and promotion program costing $61,500 annually would be needed for the next two or three years. In addition, a $25 per ton sales commission to the sales force in the new territory, over and above the current commission, would be required. How many tons would have to be sold in the new territory to maintain the firm's current net income? Assume that sales and costs will continue as in 20x1 in the firm's established territories (Round your answer to 1 decimal place.) Answer is complete but not entirely correct. Number of tons to be sold 2,332,5