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Lepage Corporation has provided its contribution format income statement for January. The company produces and sells a single product. Sales (4,400 units) $211,200 Variable expenses
Lepage Corporation has provided its contribution format income statement for January. The company produces and sells a single product.
Sales (4,400 units) | $211,200 |
Variable expenses | 127,600 |
Contribution margin | 83,600 |
Fixed expenses | 66,400 |
Net operating income | $17,200 |
If the company sells 4,700 units, its total contribution margin should be closest to:
$83,600
$98,000
$89,300
$18,373
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