Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format...
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Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,200 units) $ 338,400 Variable expenses 194, 400 Contribution margin 144,000 Fixed expenses 103,500 Net operating income $ 40,500 If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $39,979 $38,500 $40,500 $36,000 Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (7,200 units) $ 338,400 Variable expenses 194, 400 Contribution margin 144,000 Fixed expenses 103,500 Net operating income $ 40,500 If the company sells 7,100 units, its net operating income should be closest to: (Do not round intermediate calculations.) Multiple Choice $39,979 $38,500 $40,500 $36,000
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38500 Sales 338400 Number of units sold 7200 Sales Number of uni... View the full answer
Related Book For
Basic Business Statistics Concepts and Applications
ISBN: 978-0132168380
12th edition
Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
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