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Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (4,700 units) $ 206,800 Variable
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. |
Sales (4,700 units) | $ | 206,800 |
Variable expenses | 94,000 | |
Contribution margin | 112,800 | |
Fixed expenses | 45,400 | |
Net operating income | $ | 67,400 |
If the company sells 4,800 units, its total contribution margin should be closest to:
$68,834
$112,800
$115,200
$117,200
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