Question: Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (9,600 units) $ 336,000 Variable
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
| Sales (9,600 units) | $ | 336,000 |
| Variable expenses | 144,000 | |
| Contribution margin | 192,000 | |
| Fixed expenses | 137,000 | |
| Net operating income | $ | 55,000 |
If the company sells 9,700 units, its net operating income should be closest to:
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
