Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (5,500 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 192,500 82,500 110,000 86,500 $23,500 If the company sells 5,900 units, its net operating income should be closest to: (Do not round intermediate calculations.)

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...
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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (5,500 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
If the company sells 5,900 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Multiple Choice
$31,500
$30,500
$29,500
$ 192,500
82,500
110,000
86,500
$ 23,500
$27,500
Transcribed Image Text:Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June. Sales (5,500 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 5,900 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $31,500 $30,500 $29,500 $ 192,500 82,500 110,000 86,500 $ 23,500 $27,500
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