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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 (9,100 units) $ 536,900
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July. |
Sales (9,100 units) | $ 536,900 |
Variable expenses | 291,200 |
Contribution margin | 245,700 |
Fixed expenses | 138,500 |
Net operating income | $ 107,200 |
If the company sells 8,300 units, its net operating income should be closest to: |
$107,200 | |
$60,000 | |
$85,600 | |
$97,776 |
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