Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January.Sales (3,400 units)Variable expensesContribution margin$ 112,20050,49061,710Fixed expenses45,700Net operating income$ 16,010If the company sells 3,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)Multiple Choice$61,710$70,785$92,700$18,364

Contribution margin is the amount obtained by deducting the variable expenses attributable to a…

Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,400 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 112,200 50,490 61,710 45,700 $ 16,010 If the company sells 3,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $61,710 O s70,785

Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,400 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 112,200 50,490 61,710 45,700 $ 16,010 If the company sells 3,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $61,710 O s70,785

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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