Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses $193,200 87,400 105,800 45,200 Net operating income $ 60,600 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Sales (4,600 units) Variable expenses Contribution margin Fixed expenses $193,200 87,400 105,800 45,200 Net operating income $ 60,600 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 5PB: Wellington, Inc., reports the following contribution margin income statement for the month of May....

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