Question: Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (3,700 units)$107,300Variable expenses48,100Contribution margin59,200Fixed expenses43,400Net
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product.
Sales (3,700 units)$107,300Variable expenses48,100Contribution margin59,200Fixed expenses43,400Net operating income$15,800
If the company sells 3,800 units, its total contribution margin should be closest to:
$16,227
$59,200
$60,800
$62,100
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