Finnefrock Inc.produces and sells a single product.The company has provided its contribution format income statement for December. If the company sells 9,200 units,its net operating income should be closest to:

Question

Finnefrock Inc.produces and sells a single product.The company has provided its contribution format income statement for December.  If the company sells 9,200 units,its net operating income should be closest to:

Quizplus · Accepted Answer

Current sales dollars F1F1F1S1F1F1F10 Current sales in units = Sales price per unit
$892,800 F1F1F1S1F1F1F10 9,600 = $93 sales price per unit
Current variable expenses F1F1F1S1F1F1F10 Current sales in units = Variable expense per unit
$412,800 F1F1F1S1F1F1F10 9,600 = $43 variable expense per unit
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