Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (8,200 units) $467,400 Variable expenses 303,400 Contribution margin 164,000 Fixed expenses 103,500 Net operating income $60,500 If the company sells 8100 units, its net operating income should be closest to: (Do not round intermediate calculations.) A. $59,979. B. $58,500. C. $60,500. D. $56,000.
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (8,200 units) $467,400 Variable expenses 303,400 Contribution margin 164,000 Fixed expenses 103,500 Net operating income $60,500 If the company sells 8100 units, its net operating income should be closest to: (Do not round intermediate calculations.) A. $59,979. B. $58,500. C. $60,500. D. $56,000.
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...
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![Rovinsky Corporation, a company that produces and sells a single product, has provided its
contribution format income statement for November.
Sales (8,200 units)
$467,400
Variable expenses
303,400
Contribution margin
164,000
Fixed expenses
103,500
Net operating income $60,500
If the company sells 8100 units, its net operating income should be closest to: (Do not round
intermediate calculations.)
A. $59,979.
B. $58,500.
C. $60,500.
D. $56,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0e536dde-54da-4e20-b974-8923ae59e335%2F9341712d-f2d9-4f2b-ad04-3451f246bde0%2Fvlukecl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Rovinsky Corporation, a company that produces and sells a single product, has provided its
contribution format income statement for November.
Sales (8,200 units)
$467,400
Variable expenses
303,400
Contribution margin
164,000
Fixed expenses
103,500
Net operating income $60,500
If the company sells 8100 units, its net operating income should be closest to: (Do not round
intermediate calculations.)
A. $59,979.
B. $58,500.
C. $60,500.
D. $56,000.
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