Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.
Sales (6,800 units) $401,200
Variable expenses 265,200
Contribution margin 136,000
Fixed expenses 103,500
Net operating income $32,500
If the company sells 6,700 units, its net operating income should be closest to:
a. $31,979
b. $32,500
c. $28,000
d. $30,500
+5
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Home » Business » Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.