Please answer complete 6.Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.$ 105,300Sales (3,900 units)Variable expenses42,900Contribution margin62,40001:52:14Fixed expenses43,800Net operating income$ 18,600If the company sells 4,000 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)Multiple Choice$19,077$62,400$64,000

The question is based on the concept of Cost Accounting.

Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product. $ 105,300 Sales (3,900 units) Variable expenses Contribution margin 42,900 62,400 X 01:52:14 Fixed expenses 43,800 Net operating income $ 18,600 If the company sells 4,000 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. $ 105,300 Sales (3,900 units) Variable expenses Contribution margin 42,900 62,400 X 01:52:14 Fixed expenses 43,800 Net operating income $ 18,600 If the company sells 4,000 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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