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(The following information applies to the questions displayed below.) Ohio Limestone Company produces thin limestone sheets used for cosmetic facing on buildings. The following income

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(The following information applies to the questions displayed below.) Ohio Limestone Company produces thin limestone sheets used for cosmetic facing on buildings. The following income statement represents the operating results for the year just ended. The company had sales of 1,800 tons during the yea The manufacturing capacity of the firm's facilities is 3,000 tons per year. (Ignore income taxes.) OHIO LIMESTONE COMPANY Income Statement For the Year Ended December 31, 20x1 Sales $900,000 Variable costs: Manufacturing $315,000 Selling costs 180.000 Total variable costs $495,000 Contribution margin $405,000 Pixed costs: Manufacturing $100,000 Selling 107,500 Administrative 40,000 Total fixed costs $ 247,500 Net income $157,500 4. Ohio Limestone plans to market its product in a new territory. Management estimates that an advertising and promotion pre costing $61,500 annually would be needed for the next two or three years. In addition, a $25 per ton sales commission to force in the new territory, over and above the current commission, would be required. How many tons would have to be sol new territory to maintain the firm's current net income? Assume that sales and costs will continue as in 20x1 in the firm's est territories. (Round your answer to 1 decimal place.) Number of tons to be sold

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