urgent

01: Axe Co's management is reviewing financial results for the month of January 2017. The results include, total variable costs of $4,000, total sales of $6,000 and total fixed costs of $4,000 the operating income (loss) for the month of January is: A) ($6,000) B) $2,000 C) $6,000 D ($2,000) Use the following information to answer the following 3 questions: Spark Design Corporation had the following results last month: $ % Sales (15,000 units) $1,500,000 100% Variable expenses $ 900,000 60% Contribution margir $ 600,000 40% Fixed expenses $ 500,000 Operating income $ 100,000 Q2: If sales increase by $100,000 next month, by how much should operating income increase? A) $640,000 B) $100,000 C) $40,000 D) $1,600,000