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: A. $260,000 B. $440,000 C. $280,000 D. $240,000 Street Company's fixed expenses total $150,000, its variable expense ratio is 60% and its variable expenses are $4.50 per units. Based on this information, the break-even point in units is. A. 50,000 units B. 37, 500 units C. 33, 333 units D. 100,000 units 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. A. $1, 500 B. $2, 700 C. $2, 160 D. $1, 875 Lettman Corporation has provided the following partial listing of costs incurred during November. Required. a. What is the total amount of product cost listed above? Show your work. b. What is the total amount of period cost listed above? Show your work