Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format...
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
Sales (6,300 units) $ 403,200
Variable expenses 277,200
Contribution margin 126,000
Fixed expenses 103,500
Net operating income $ 22,500
If the company sells 6,200 units, its net operating income should be closest to: (Do not round intermediate calculations.)
Homework Answers
Contribution Margin per unit = 126,000/6,300
= 20 per unit
Net operating income
= Total Contribution margin - Fixed costs
= (20*6200) - 103,500
= 20,500
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Rovinsky Corporation, a company that produces and sells a single
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