Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
Sales (8,400 units)......................... $764,40 0
Variable expenses.......................... 445,200
Contribution margin...................... 319,200
Fixed expenses............................... 250,900
Net operating income..................... $ 68,300
If the company sells 8,200 units, its total contribution margin should be closest to:
A) $301,000
B) $311,600
C) $319,200
D) $66,674
