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Rockruff Books, Inc. is a major bookseller for four nearby colleges. The income statement for the quarter of the year is presented below: Rockruff Books,

Rockruff Books, Inc. is a major bookseller for four nearby colleges. The income statement for the quarter of the year is presented below:

Rockruff Books, Inc
Income Statement
For the quarter ended April 30, 2022
Sales 1,125,000
Less: Cost of Goods Sold 562,500
Gross Margin 562,500
Less: Operating Expenses
Less: Selling Expenses 100,000
Less: Administrative Expenses 110,000 210,000
Net Operating Income 352,500

On average, a book sells for 450. Cost of goods sold is entirely variable. Unit variable selling expenses are 32 per book; the remaining selling expenses are fixed. The variable administrative expenses are 5% of sales; the remainder of the administrative expenses are fixed.

1. If 3,500 books are sold during the following quarter and this activity is within the relevant range, the company's EXPECTED CONTRIBUTION MARGIN would be ________________.

2. The TOTAL FIXED COSTS for April 2022 amount to ________________.

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