Question: Sealtek Inc has provided its contribution format income statement data below for September: Sales (1500 units) $47,250 Variable Expenses ($11,235) Fixed Expenses ($27,000) Calculate the

Sealtek Inc has provided its contribution format income statement data below for September:

Sales (1500 units) $47,250

Variable Expenses ($11,235)

Fixed Expenses ($27,000)

Calculate the Contribution Format Income Statement Net Income if the company sells 1,250 units of product.

Multiple Choice

  • $1,140

  • $3,012.50

  • $9,015

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