$ 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 7,100 units, its net operating incone should be closest to: (Do not round intermediate calculotions.) Multiple Choice $39,979

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Sales (7,200 units)
$ 338,400
Variable expenses
194, 400
144, 000
Contribution margin
Fixed expenses
103, 500
Net operating income
$ 40,500
If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Multiple Choice
$39,979
$38,500
$40,500
$36,000
Transcribed Image Text:Sales (7,200 units) $ 338,400 Variable expenses 194, 400 144, 000 Contribution margin Fixed expenses 103, 500 Net operating income $ 40,500 If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $39,979 $38,500 $40,500 $36,000
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