LLC has provided the following contribution format income statement.
Assume that the following information is within the relevant range.
Sales (3,000 units) $ 90,000
Variable expenses 58,500
Contribution margin 31,500
Fixed expenses 21,000
Net operating income $ 10,500
Required: If sales decline to 2,600 units enter the resulting net operating income in the box below
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “LLC has provided the following contribution format income statement. Assume that the following information is within the relevant range. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » LLC has provided the following contribution format income statement. Assume that the following information is within the relevant range.