Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,600 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 455,400 323,400 132,000 103,500 $ 28,500 If the company sells 6,500 units, its net operating income should be closest to: Note: Do not round intermediate calculations. Multiple Choice $26,500 $24,000 $27,979 $28,500
Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales (6,600 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 455,400 323,400 132,000 103,500 $ 28,500 If the company sells 6,500 units, its net operating income should be closest to: Note: Do not round intermediate calculations. Multiple Choice $26,500 $24,000 $27,979 $28,500
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...
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![Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
Sales (6,600 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 455,400
323,400
132,000
103,500
$ 28,500
If the company sells 6,500 units, its net operating income should be closest to:
Note: Do not round intermediate calculations.
Multiple Choice
$26,500
$24,000
$27,979
$28,500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6b964826-f281-4d3d-90da-effbf7401f90%2F3d8d76f9-2e7d-4987-80dc-81adf889151c%2Fmwtoiy8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Rovinsky Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November.
Sales (6,600 units)
Variable expenses
Contribution margin
Fixed expenses
Net operating income
$ 455,400
323,400
132,000
103,500
$ 28,500
If the company sells 6,500 units, its net operating income should be closest to:
Note: Do not round intermediate calculations.
Multiple Choice
$26,500
$24,000
$27,979
$28,500
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