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Canbou Corporation is a company that produces and sells a single product. It has provided their contribution format income statement for the month of July.

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Canbou Corporation is a company that produces and sells a single product. It has provided their contribution format income statement for the month of July. Sales (6500 units) Variable expenses Contribution margin Fixed expenses Net operating income $403,000 273,000 130,000 76,000 $ 54,000 If the company sells 6,200 units, its net operating income will be closest to: CA $35,400 OR $48,000 oc $51,508 OD. $54,000

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