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The BX55160 company has provided its contribution format income statement for a given month. Sales (6,300 units) Variable expenses $415,800 289,800 126,000 Contribution margin Fixed expenses 103,500 Net operating income $ 22,500 If the BX55160 company sells 6,200 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $18,000 $21,979 $22,500 $20,500

The BX55160 company has provided its contribution format income statement for a given month. Sales (6,300 units) Variable expenses $415,800 289,800 126,000 Contribution margin Fixed expenses 103,500 Net operating income $ 22,500 If the BX55160 company sells 6,200 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $18,000 $21,979 $22,500 $20,500

FINANCIAL ACCOUNTING
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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The BX55160 company has provided its contribution format income statement for a given month. Sales (6,300 units) Variable expenses $415,800 289,800 Contribution margin 126,000 Fixed expenses 103,500 Net operating income $ 22,500 If the BX55160 company sells 6,200 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $18,000 $21,979 $22,500 $20,500
Transcribed Image Text:The BX55160 company has provided its contribution format income statement for a given month. Sales (6,300 units) Variable expenses $415,800 289,800 Contribution margin 126,000 Fixed expenses 103,500 Net operating income $ 22,500 If the BX55160 company sells 6,200 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $18,000 $21,979 $22,500 $20,500
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