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Everett Corporation, a company that produces and sells a single product, has provided its contribution format income statement for October: Sales (8,200 units): $452,600 Variable expenses: $280,200 • Contribution margin: $172,400 • Fixed expenses: $115,750 Net operating income: $56,650 If Everett Corporation sells 9,000 units instead of 8,200 units, what will be its net operating income? A. $69,250 B. $73,800 C. $76,300 D. $80,400

Everett Corporation, a company that produces and sells a single product, has provided its contribution format income statement for October: Sales (8,200 units): $452,600 Variable expenses: $280,200 • Contribution margin: $172,400 • Fixed expenses: $115,750 Net operating income: $56,650 If Everett Corporation sells 9,000 units instead of 8,200 units, what will be its net operating income? A. $69,250 B. $73,800 C. $76,300 D. $80,400

Principles of Accounting Volume 2
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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Net opreting income?

Everett Corporation, a company that produces and sells a single product, has provided its contribution format income statement for October: Sales (8,200 units): $452,600 Variable expenses: $280,200 • Contribution margin: $172,400 • Fixed expenses: $115,750 Net operating income: $56,650 If Everett Corporation sells 9,000 units instead of 8,200 units, what will be its net operating income? A. $69,250 B. $73,800 C. $76,300 D. $80,400
Transcribed Image Text:Everett Corporation, a company that produces and sells a single product, has provided its contribution format income statement for October: Sales (8,200 units): $452,600 Variable expenses: $280,200 • Contribution margin: $172,400 • Fixed expenses: $115,750 Net operating income: $56,650 If Everett Corporation sells 9,000 units instead of 8,200 units, what will be its net operating income? A. $69,250 B. $73,800 C. $76,300 D. $80,400
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