Gonyo Inc., which produces and sells a single product, has provided the following contribution forma
Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below: Sales (5,000 units)$325,000 Variable expenses 200,000 Contribution margin 125,000 Fixed expenses 106,400 Net operating income$18,600 Required:Redo the company’s contribution format income statement assuming that the company sells 5,200 units.hat is the Net Operating Income?