A company that produces and sells a single product  has pro…

 A company that produces and sells a single product  has provided information to prepare a contribution format income statement for March.  Sales (6,600 units) $ 455,400 Variable expenses    323,400 Fixed expenses    103,500 If a company sells 6,500 units, its net operating income should be closest to:Note: Do not round intermediate calculations. 

A company is using a predetermined overhead rate that was ba…

A company is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $310,000 and 20,000 machine-hours for the period. The company incurred actual total fixed manufacturing overhead of $338,000 and 18,300 total machine-hours during the period. The predetermined overhead rate per machine hour is closest to: