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Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,600 units) $ 97,200
Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (3,600 units) | $ 97,200 |
---|---|
Variable expenses | 50,544 |
Contribution margin | 46,656 |
Fixed expenses | 37,300 |
Net operating income | $ 9,356 |
If the company sells 4,100 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Multiple Choice
A. $46,656
B. $53,136
C. $81,300
D. $10,655
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