Thomason Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units)$40,000Variable expenses 30,000Contribution margin 10,000Fixed expenses 7,000Net operating income$3,000 If the variable cost per unit increases by $1, spending on advertising increases by $2,000, and unit sales increase by 50 units, the net operating income would be closest to:
A. $9,450
B. $1,000
C. $450
D. $2,150
Answer: C
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