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Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.

Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.

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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Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units) $ 240,000 Variable expenses 156,000 Contribution margin 84,000 Fixed expenses 81,900 Net operating income $2,100 The break-even point in dollar sales is closest to: Multiple Choice A. $234,000 B. $237,900 C. $156,000 D. $0
Transcribed Image Text:Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (4,000 units) $ 240,000 Variable expenses 156,000 Contribution margin 84,000 Fixed expenses 81,900 Net operating income $2,100 The break-even point in dollar sales is closest to: Multiple Choice A. $234,000 B. $237,900 C. $156,000 D. $0
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