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Category > Accounting Posted 01 May 2017 My Price 5.00

Dimitrov Corporation, a company that produces

Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.

 

  Sales (6,300 units)

$403,200

  Variable expenses

277,200

  Contribution margin

126,000

  Fixed expenses

103,500

  Net operating income

$ 22,500

 

If the company sells 6,200 units, its net operating income should be closest to:

 

 

$22,500
 

$20,500
 

$21,979
 

$18,000

 

 

Answers

Alpha Geek
(8)
Status NEW Posted 01 May 2017 08:05 AM My Price 5.00

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file 1493626436-answer1.docx preview (112 words )
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