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Ch.5 - Ade, Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6800 units) Variable

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Ch.5 - Ade, Inc. produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6800 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 408,000 299,200 108,800 87,900 $ 20.900 If the company sells 7000 units, its net operating income should be closest to: $21,515 $24,100 $32.900 $20.900

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