XYZ Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (6,300 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 6,500 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $22,400 $19,000 $26,000 $ 220,500 113,400 107,100 88,100 $ 19,000 $19,603

XYZ incorporated produces and sels 5 a single product. The company has provided its contribution format income statement for June If the company sells 6,500 units, its not operating income should be closest to (Do not round intermediate calculations.) Muitiple Choice $22,400 $19,000 $26,000 $19,603