Allison corporation''s contribution format

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Reference no: EM13952000

The following is Allison Corporation's contribution format income statement for last month:

Sales	$920,000
Variable expenses	360,000
Contribution margin	560,000
Fixed expenses	430,000
Net operating income	130,000

The company has no beginning or ending inventories. The company produced and sold 10,000 units last month.

If sales increase by 260 units, by how much should net operating income increase?

$23,920

$14,560

$7,280

$3,380

Reference no: EM13952000

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