$ 338,400Sales (7,200 units)Variable expenses194, 400Contribution margin144,000Fixed expenses103, 500Net operating income$ 40,500If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations.)Multiple ChoiceS39,979$38,500S40.500$36,000

Name: $ 338,400Sales (7,200 units)Variable expenses194, 400Contribution mar
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Description: $ 338,400Sales (7,200 units)Variable expenses194, 400Contribution margin144,000Fixed expenses103, 500Net operating income$ 40,500If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations

Formula: Sales price per unit = Total sales / Number of units

Business

Accounting

$ 338, 400 194, 400 144,000 103, 500 $ 40, 500 Sales (7,200 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 7100 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice

$ 338, 400 194, 400 144,000 103, 500 $ 40, 500 Sales (7,200 units) Variable expenses Contribution margin Fixed expenses Net operating income If the company sells 7100 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice

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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