FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (6,100 units) | $ | 366,000 |
Variable expenses | 244,000 | |
Contribution margin | 122,000 | |
Fixed expenses | 87,700 | |
Net operating income | $ | 34,300 |
If the company sells 6,300 units, its net operating income should be closest to: (Do not round intermediate calculations.)
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