Managerial Accounting

timer Asked: Dec 1st, 2014

Question description

Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.

 Sales (8,000 units)$440,000  
 Variable expenses


 Contribution margin160,000  
 Fixed expenses


 Net operating income



If the company sells 7,900 units, its net operating income should be closest to

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