Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,700 units) $ 126,900 Variable expenses 59,643 Contribution margin 67,257 50,400 $ 16,857 Fixed expenses Net operating income. If the company sells 5,500 units, its total contribution margin should be closest to: Note: Do not round Intermediate calculations. Multiple Choice O O $92,400 $78,705 $19,726 $67,257
Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,700 units) $ 126,900 Variable expenses 59,643 Contribution margin 67,257 50,400 $ 16,857 Fixed expenses Net operating income. If the company sells 5,500 units, its total contribution margin should be closest to: Note: Do not round Intermediate calculations. Multiple Choice O O $92,400 $78,705 $19,726 $67,257
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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![Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format Income statement for January.
Sales (4,700 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
If the company sells 5,500 units, its total contribution margin should be closest to:
Note: Do not round Intermediate calculations.
Multiple Choice
O
$92,400
$78,705
$19,726
$ 126,900
59,643
67,257
50,400
$ 16,857
$67,257](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F95f43876-f112-44e5-b0ac-44c6f35bf50e%2Fe6a26966-afc2-42af-86f7-d2b63ef2b3b7%2F7x7chk_processed.png&w=3840&q=75)
Transcribed Image Text:Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format Income statement for January.
Sales (4,700 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
If the company sells 5,500 units, its total contribution margin should be closest to:
Note: Do not round Intermediate calculations.
Multiple Choice
O
$92,400
$78,705
$19,726
$ 126,900
59,643
67,257
50,400
$ 16,857
$67,257
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