Question
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (9,600 units) $ 336,000 Variable
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
| Sales (9,600 units) | $ | 336,000 |
| Variable expenses | 144,000 | |
| Contribution margin | 192,000 | |
| Fixed expenses | 137,000 | |
| Net operating income | $ | 55,000 |
If the company sells 9,700 units, its net operating income should be closest to:
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Government Auditing Standards
Authors: U.S. Government Accountability Office
1st Edition
B0C9S8NVST, 979-8851147746
