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Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $47,500. If the company's sales for a month are $306,000, what is
Gayne Corporation's contribution margin ratio is 18% and its fixed monthly expenses are $47,500. If the company's sales for a month are $306,000, what is the best estimate of the compa do not change. ny's net operating income? Assume that the fixed monthly expenses Multiple Choice $203,420 $55,080 $258,500 $%7.580 Data concerning Bedwell Enterprises Corporation's single product appear below Selling price per unit Variable expenses per unit Fixed expense per month s 225.00 98.00 $449,640 37:06 The unit sales to attain the company's monthly target profit of $32,000 is closest to: (Do not round int Multiple Choice 2141 3,540 Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (5,500 units) Variable expenses Contribution margin Fixed expenses Net operating income $220,000 99,000 121,000 47,000 $ 74,000 If the company sells 5,600 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $75,345
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