one orange juice futures contract is on 15,000 pounds of frozen concentrate. suppose that in sept 2016 a company sells a march 2017 orange juice futures contract for 1200 cents per pound. in dec 2016 the futures price is 110 cents. in feb 2017 the futures price is 125 cents. what is the company's profit or loss on the contract?

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?