Sensabaugh Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (1, 800 units).............. $91, 800 Variable expenses .................. 59, 400 Contribution margin ................. 32, 400 Fixed expenses....... 27,000 Net operating income ................... $ 5, 400 If the company sells 1, 600 units, its total contribution margin should be closest to: $22, 200 $28, 800 $4, 800 $32, 400 The contribution margin ratio is 25% for Grain Company and the break-even point in sales is $200,000. To obtain a target net operating income of $60,000, sales would have to be: $260,000 $440,000 $280,000 $240,000 The contribution margin ratio is 30% for the Honeyville Company and the break-even point in sales is $150,000. If the company's target net operating income is $60,000, sales would have to be: $200,000 $350,000 $250,000 $210,000 Turner Company's contribution margin ratio is 15%. If the degree of operating leverage is 12 at the $150,000 sales level, net operating income at the $150,000 sales level must equal: $1, 500 $2, 700 $2, 160 $1, 875