Sensabaugh inc, a company that produces and sells a single product, has provided its Contribution format income statement for january: sales (1,800 units)......... $91,800 Variable expenses.. 54,400 Contribution margin......... 32,400 Fixed expenses............ 27,000 Net operating income............. 5,400 If the company sells 1,600 units, its total contribution margin should be closest to: 22,200 28,800 4,800 32,400

Sensabaugh inc, a company that produces and sells a single product, has provided its Contribution format income statement for january: sales (1,800 units)......... $91,800 Variable expenses.. 54,400 Contribution margin......... 32,400 Fixed expenses............ 27,000 Net operating income............. 5,400 If the company sells 1,600 units, its total contribution margin should be closest to: 22,200 28,800 4,800 32,400

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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