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Rovinsky Corporation, a company that produces and sells a single product, has provided its ...

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Rovinsky Corporation, a company that produces and sells a single product, has provided its ...

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

Sales (8,000 units)	$ 440,000
Variable expenses	280,000
Contribution margin	160,000
Fixed expenses	103,500
Net operating income	$ 56,500

If the company sells 7,900 units, its net operating income should be closest to: (Do not round intermediate calculations.)

▸ $55,979

▸ $54,500

▸ $56,500

▸ $52,000

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Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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