Sales 960,000 cost of goods sold 420,000 Gross Margin 540,000 Less operating expenses: selling 200,000 administrative 75,000 Net operating income 265,000 Other data: Selling price $ 60 per unit Sales expense Base salaries plus 8% of sales Administrative Expense: Base salaries plus $2 per unit

Questions:

Whati is the company's contribution margin?

What is the cost formula for total operating expenses with X equal to the number of units sold?

If 24,000 units are sold during the third quarter and this activity is within the relevant range, the company's expected contribution margin would be?