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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (7,100 units) $ 284,000 Variable
Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (7,100 units) | $ 284,000 |
---|---|
Variable expenses | 184,600 |
Contribution margin | 99,400 |
Fixed expenses | 87,600 |
Net operating income | $ 11,800 |
If the company sells 7,300 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Multiple Choice
$19,800
$14,600
$11,800
$12,132
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