Lister Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. If sales increase to 3,040 units, the increase in net operating income would be closest to: (Round your intermediate calculations to 2 decimal places.)

Question

Lister Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.  If sales increase to 3,040 units, the increase in net operating income would be closest to: (Round your intermediate calculations to 2 decimal places.)

Quizplus · Accepted Answer

The increase in net operating income would be the increased contribution margin because fixed expenses are not affected.
 11eacbfc_c779_1603_8ffe_2dc2b471e7c3_TB7552_00 11eacbfc_c779_1604_8ffe_c7e83a6449d0_TB7552_00

Lister Corporation Has Provided the Following Contribution Format Income Statement