Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses $193,200 87,400 105,800 45,200 Net operating income $ 60,600 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
Sales (4,600 units)
Variable expenses
Contribution margin
Fixed expenses
$193,200
87,400
105,800
45,200
Net operating income
$ 60,600
If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Transcribed Image Text:Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses $193,200 87,400 105,800 45,200 Net operating income $ 60,600 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
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