Managerial Accounting

SoccerBoss
Category:
Accounting
Price: $5 USD

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

280,000  

 Contribution margin160,000  
 Fixed expenses

103,500  

 Net operating income

$56,500  

 

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

Tutor Answer

(Top Tutor) Daniel C.
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School: Duke University
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