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Pedulla Inc, which produces and sells a single product, has provided its contribution format income statement for February. Sales (4,400 units) $462,000 Variable expenses 229,680
Pedulla Inc, which produces and sells a single product, has provided its contribution format income statement for February. |
Sales (4,400 units) | $462,000 |
Variable expenses | 229,680 |
Contribution margin | 232,320 |
Fixed expenses | 97,900 |
Net operating income | 134,420 |
If the company sells 4,700 units, its net operating income should be closest to: |
$94,000 | |
$143,585 | |
$150,260 | |
$134,420 |
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