Business, 06.08.2021 16:00, AShevel6767
Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (3,600 units) $108,000
Variable expenses 49,680
Contribution margin 58,320
Fixed expenses 44,300
Net operating income $14,020
If the company sells 4,600 units, its total contribution margin should be closest to:
a. $54,600
b. $59,800
c. $69,400
d. $13,362
Answers: 2
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