Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (5,600 units) $ 224,000
Variable expenses 117,600
Contribution margin 106,400
Fixed expenses 86,700
Net operating income $ 19,700
If the company sells 5,800 units, its net operating income should be closest to:
a. $23,500
b. $19,700
c. $27,700
d. $20,404
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