XYZ Inc., a company that produces and sells a single product…

XYZ Inc., a company that produces and sells a single product, has provided its income statement for April.       Sales (7300 units) $ 350,400​ Variable expenses   204,400​ Contribution margin   146,000​ Fixed expenses   103,500​ Net operating income $ 42,500​ If the company sells 7200 units, its net operating income should be closest to:

XYZ Corporation, which has only one product, has provided th…

XYZ Corporation, which has only one product, has provided the following data concerning its most recent month of operations:       Selling price $ 90       Units in beginning inventory   0 Units produced   3,400 Units sold   3,000 Units in ending inventory   400         Variable costs per unit:     Direct materials $ 21 Direct labor $ 38 Variable manufacturing overhead $ 6 Variable selling and administrative expense $ 4 Fixed costs:     Fixed manufacturing overhead $ 54,400 Fixed selling and administrative expense $ 3,000   The total gross margin for the month under the absorption costing approach is: