Math Problem Statement
Wight Corporation has provided its contribution format income statement for June. The company produces and sells a single product.
Sales (5,600 units) $ 235,200 Variable expenses 112,000 Contribution margin 123,200 Fixed expenses 47,200 Net operating income $ 76,000 If the company sells 5,700 units, its total contribution margin should be closest to:
Note: Do not round intermediate calculations.
Group of answer choices
$123,200
$125,400
$127,400
$77,357
Solution
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Math Problem Analysis
Mathematical Concepts
Contribution Margin
Unit Analysis
Linear Relationships
Formulas
Contribution Margin per Unit = Total Contribution Margin / Number of Units
Total Contribution Margin = Contribution Margin per Unit * Number of Units
Theorems
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Suitable Grade Level
Undergraduate Business/Accounting
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