The following is Allison Corporation's contribution format income statement for last month: The company has no beginning or ending inventories. The company produced and sold 10,000 units last month. What is the company's contribution margin ratio? a. 12.5% b. 37.5% c. 50.0% d. 62.5% If sales increase by 200 units, by how much should net income increase? a. $16,000 b. $10,000 c. $5,000 d. $2,000 How many units would the company have to sell to attain target profits of $120,000? a. 10, 800 b. 12,000 c. 10, 400 d. 11, 200