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Gase Mehta Co. (GMC), a company that produces and sells a single product called a Wyatt. GMC has provided its contribution format income statement for

Gase Mehta Co. (GMC), a company that produces and sells a single product called a "Wyatt". GMC has provided its contribution format income statement for January.

Sales (4,100 units) $ 123,000
Variable expenses 67,650
Contribution margin 55,350
Fixed expenses 39,900
Net operating income $ 15,450

If the company sells 4,800 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Multiple Choice

$72,900

$18,088

$55,350

$64,800

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