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Sammis Inc, which produces and sells a single product, has provided its contribution format income statement for January. Sales (2,900 units) 226,200 Variable expenses 95700
Sammis Inc, which produces and sells a single product, has provided its contribution format income statement for January.
Sales (2,900 units) | 226,200 |
Variable expenses | 95700 |
Contribution Margin | 130500 |
Fixed Expenses | 95600 |
Net Operating Income | 34,900 |
If the company sells 2,500 units, its net operating income should be closest to: A. $34,900 B. $16,900 C. $3,700 D. $30,086
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