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Gold Company reported the following: $ Sales (20,000 units) Variable expenses Contribution margin Fixed expenses Net operating income TOTAL PER UNIT 800,000 $ 40 560,000
Gold Company reported the following: $ Sales (20,000 units) Variable expenses Contribution margin Fixed expenses Net operating income TOTAL PER UNIT 800,000 $ 40 560,000 $ 28 240,000 12 120,000 120,000 $ $ If Gold increased its selling price by $4 per unit, resulting in a decrease in unit sales of 10%, Gold's net operating income would be closest to: O $108,000 0 $168,000 0 $288,000 0 $192,000
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