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Renault Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,700 units) $402,000 Variable

Renault Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,700 units) $402,000 Variable expenses 268,000 Contribution margin 134,000 Fixed expenses 103,500 Net operating income $30,500 If the company sells 6,600 units, its net operating income should be closest to: (Do not round intermediate calculations.) Question 14 options: $29,979 $30,500 $28,500 $26,000

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