If the company sells 7,200 units, its net operating income should be closest to: (Do not round intermediate calculations.)
If the company sells 7,200 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter3: Cost Behavior
Section: Chapter Questions
Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...
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Decaprio Incorporated produces and sells a single product. The company has provided its contribution format income statement for June.
Sales (7,000 units) | $ 245,000 |
---|---|
Variable expenses | 140,000 |
Contribution margin | 105,000 |
Fixed expenses | 87,700 |
Net operating income | $ 17,300 |
If the company sells 7,200 units, its net operating income should be closest to: (Do not round intermediate calculations.)
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