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Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,600 units)$108,000 Variable expenses49,680
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (3,600 units)$108,000
Variable expenses49,680
Contribution margin58,320
Fixed expenses44,300
Net operating income $14,020
If the company sells 4,300 units, its total contribution margin should be closest to:(Do not round intermediate calculations.)
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