Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. $ 105,300 Sales (3,900 units) Variable expenses Contribution margin 42,900 62,400 X 01:52:14 Fixed expenses 43,800 Net operating income $ 18,600 If the company sells 4,000 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. $ 105,300 Sales (3,900 units) Variable expenses Contribution margin 42,900 62,400 X 01:52:14 Fixed expenses 43,800 Net operating income $ 18,600 If the company sells 4,000 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
$ 105,300
Sales (3,900 units)
Variable expenses
42,900
Contribution margin
62,400
01:52:14
Fixed expenses
43,800
Net operating income
$ 18,600
If the company sells 4,000 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Multiple Choice
$19,077
$62,400
$64,000
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