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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 (3,700 units) $ 92,500
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (3,700 units) | $ | 92,500 |
Variable expenses | 55,500 | |
Contribution margin | 37,000 | |
Fixed expenses | 27,000 | |
Net operating income | $ | 10,000 |
|
If the company sells 4,300 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
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