Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,800 units) $413,400 Variable expenses 257,400 Contribution margin 156,000 Fixed expenses 103,500 Net operating income $52,500 If the company sells 7,700 units, its net operating income should be: A. $51,979 B. $50,500 C. $52,500 D. $48,000
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,800 units) $413,400 Variable expenses 257,400 Contribution margin 156,000 Fixed expenses 103,500 Net operating income $52,500 If the company sells 7,700 units, its net operating income should be: A. $51,979 B. $50,500 C. $52,500 D. $48,000
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...
Related questions
Question
Please answer the accounting question need experts answer only

Transcribed Image Text:Rovinsky Corporation, a company that produces and sells a single
product, has provided its contribution format income statement
for November.
Sales (7,800 units)
$413,400
Variable expenses
257,400
Contribution margin
156,000
Fixed expenses
103,500
Net operating income $52,500
If the company sells 7,700 units, its net operating income should
be:
A. $51,979
B. $50,500
C. $52,500
D. $48,000
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning

Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College

Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning

Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning