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35 Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (5,000 units) $

35

Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.

Sales (5,000 units) $ 145,000
Variable expenses 58,000
Contribution margin 87,000
Fixed expenses 63,500
Net operating income $ 23,500

If the company sells 5,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Brewer 8e Rechecks 2018-06-19

Multiple Choice

  • $87,000

  • $99,180

  • $95,500

  • $26,790

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