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Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,700 units) $ 469,000
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
| Sales (6,700 units) | $ | 469,000 |
| Variable expenses | 335,000 | |
| 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:
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Managerial Accounting
Authors: Ray Garrison
12th Edition
B002ODFC0E
