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The following is Addison Corporation's contribution format income statement for last month: Sales $1,000,000 Less variable expenses 700,000 Contribution margin 300,000 Less fixed expenses 180,000
The following is Addison Corporation's contribution format income statement for last month:
Sales | $1,000,000 |
Less variable expenses | 700,000 |
Contribution margin | 300,000 |
Less fixed expenses | 180,000 |
Net income | $120,000 |
Group of answer choices
8,000 units.
20,000 units.
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