Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (8,800 units).......................... $528,00 0
Variable expenses.......................... 290,400
Contribution margin....................... 237,600
Fixed expenses............................... 211,700
Net operating income..................... $ 25,900
If the company sells 9,200 units, its net operating income should be closest to:
A) $27,077 B) $49,900 C) $36,700 D) $25,900
CLICK HERE FOR SOLUTION
Sales (8,800 units).......................... $528,00 0
Variable expenses.......................... 290,400
Contribution margin....................... 237,600
Fixed expenses............................... 211,700
Net operating income..................... $ 25,900
If the company sells 9,200 units, its net operating income should be closest to:
A) $27,077 B) $49,900 C) $36,700 D) $25,900
CLICK HERE FOR SOLUTION
