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Business
Finance
Sales (6,200 units) $ 217,000 Variable expenses 117,800 Contribution margin 99,200 Fixed expenses 87,900 Net operating income $ 11,300   If the company sells 6,400 units, its net operating income should be closest to: (Do not round intermediate calculations.)   $14,500   $11,300   $1

Sales (6,200 units) $ 217,000 Variable expenses 117,800 Contribution margin 99,200 Fixed expenses 87,900 Net operating income $ 11,300   If the company sells 6,400 units, its net operating income should be closest to: (Do not round intermediate calculations.)   $14,500   $11,300   $1

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June.

 

Sales (6,200 units) $ 217,000
Variable expenses 117,800
Contribution margin 99,200
Fixed expenses 87,900
Net operating income $ 11,300

 

If the company sells 6,400 units, its net operating income should be closest to: (Do not round intermediate calculations.)

 

  • $14,500
  •  
    $11,300
  •  
    $18,300
  •  
    $11,665
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