Time loft 1:1304 ation 15 of red ad out of on S per unit % Use the information below to answer the following question K.CO Company Summary Income Statement Data For the year ended December 31, 2016 S Total Sales (4,000 units) $ 800,000 Total Variable Costs 2 Contribution Margin 2 Total Fixed Costs 200.000 Operating Income $120.000 200.00 100% 60% 120.00 2 2 If the number of units sold increased by 10%, what would be K-Co's expected operating income be closest to? Select one: a $200,000 O b. $132,000 c. $120,000 O d. $152,000 Next page s page TIE B Use the information below to answer the following question. K-CO Company Summary Income Statement Data For the year ended December 31, 2016 $ Total Sales (4,000 units) $ 800,000 Total Variable Costs ? Contribution Margin ? Total Fixed Costs 200,000 Operating Income $ 120,000 % $ per unit 200.00 100% 120.00 60% ? ? What is the required target operating income to generate a net income of $63,000 if K-Co's tax rate is 30%? Select one: O a. $210,000 O b. $90,000 O c. $120,000 O d. $84,000 age MacBook Air