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QUESTION

Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product.

Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product.

  Sales (5,000 units)$150,000    Variable expenses 65,000     Contribution margin 85,000    Fixed expenses 46,000     Net operating income$39,000   

If the company sells 5,100 units, its total contribution margin should be closest to:

$39,780

$85,000

$86,700

$88,000

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