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Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July. Sales (9,800 units) $ 627,200
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July. |
Sales (9,800 units) | $ 627,200 |
Variable expenses | 338,100 |
Contribution margin | 289,100 |
Fixed expenses | 150,500 |
Net operating income | $ 138,600 |
If the company sells 8,800 units, its net operating income should be closest to: |
$74,600 | |
$124,457 | |
$138,600 | |
$109,100 |
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