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Florek Inc. produces and sells a single product. The company has provided its contribution format income statement for March. Sales (6,200 units) $ 217,000 Variable
Florek Inc. produces and sells a single product. The company has provided its contribution format income statement for March. |
Sales (6,200 units) | $ | 217,000 |
Variable expenses | 117,800 | |
Contribution margin | 99,200 | |
Fixed expenses | 87,900 | |
Net operating income | $ | 11,300 |
If the company sells 6,400 units, its net operating income should be closest to:
$11,665
$14,500
$18,300
$11,300
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