FINANCIAL ACCOUNTING
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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