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Warrix Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) $ 120,000
Warrix Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.
Sales (3,000 units) | $ | 120,000 |
Variable expenses | 90,000 | |
Contribution margin | 30,000 | |
Fixed expenses | 27,000 | |
Net operating income | $ | 3,000 |
If sales increase to 3,020 units, the increase in net operating income would be closest to:
$800.00
$20.00
$600.00
$200.00
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