Save & ExitSubmitThe BX68490 company has provided its contribution format income statement for a given month.Sales (7,200 units)Variable expensesContribution marginFixed expenses$338,400194,400144,000103,500Net operating income$ 40,500If the BX68490 company sells 7,100 units next month, how much would its net operating income expected to be next month? (Do notround intermediate calculations.)Multiple Choice$40,500$39,979< Prev12 of 12%23Next>17,65056MARtv14

general points to remember - 1) fixed cost will remain constant irrespective of the level of…

The BX68490 company has provided its contribution format income statement for a given month. Sales (7,200 units) Variable expenses $338,400 194,400 144,000 103,500 $ 40,500 Contribution margin Fixed expenses Net operating income If the BX68490 company sells 7,100 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $40,500 $39,979

The BX68490 company has provided its contribution format income statement for a given month. Sales (7,200 units) Variable expenses $338,400 194,400 144,000 103,500 $ 40,500 Contribution margin Fixed expenses Net operating income If the BX68490 company sells 7,100 units next month, how much would its net operating income expected to be next month? (Do not round intermediate calculations.) Multiple Choice $40,500 $39,979

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings total annual fixed costs are 38,400. If operating income last year was 28,800, what was the number of units Starling sold? a. 4,800 b. 6,400 c. 5,600 d. 11,200
West Island distributes a single product. The companys sales and expenses for the month of June are shown. Using the information presented, answer these questions: A. What is the break-even point in units sold and dollar sales? B. What is the total contribution margin at the break-even point? C. If West Island wants to earn a profit of $21,000, how many units would they have to sell? D. Prepare a contribution margin income statement that reflects sales necessary to achieve the target profit.
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