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(TCO C) Magnolia Company's income statement for the most recent year appears below Sales (45,000 units) $1,350,000 Less: variable expenses 750,000 Contribution margin 600,000 Less:fixed

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(TCO C) Magnolia Company's income statement for the most recent year appears below Sales (45,000 units) $1,350,000 Less: variable expenses 750,000 Contribution margin 600,000 Less:fixed expenses 375,000 $225,000 Net operating income Required: Calculate the unit contribution margin Calculate the the break-even point in dollars If the company desires a net operating income of $290,000, how many units must it sell? op HTML Edito

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