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5 Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The contribution margin per unit is closest to: Multiple Choice O O $15.00 $0.50 $45.00 $540,000 405,000 135,000 130,500 $4,500 $60.00

5 Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The contribution margin per unit is closest to: Multiple Choice O O $15.00 $0.50 $45.00 $540,000 405,000 135,000 130,500 $4,500 $60.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The contribution margin per unit is closest to: Multiple Choice $15.00 $0.50 $45.00 $540,000 405,000 135,000 130,500 $4,500 $60.00
Transcribed Image Text:Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range Sales (9,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The contribution margin per unit is closest to: Multiple Choice $15.00 $0.50 $45.00 $540,000 405,000 135,000 130,500 $4,500 $60.00
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