Principles of Accounting Volume 2
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Author: OpenStax
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Rovinsky corporation a company. ....accounting questions

Transcribed Image Text:Rovinsky Corporation, a company that produces and sells a single product, has
provided its contribution format income statement for November.
Sales (7,800 units)
Variable expenses
$413,400
257,400
Contribution margin 156,000
Fixed expenses
103,500
Net operating income $52,500
If the company sells 7,700 units, its net operating income should be:
A. $51,979
B. $50,500
C. $52,500
D. $48,000
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