Net operating income at sales of 10,000 units is
The following data was provided by Truxton Corporation:
Sales
10,000 units
Selling price
$30 per unit
Contribution margin ratio
30%
Margin of safety percentage
40%
Net operating income at sales of 10,000 units is:
A) $0
B) $36,000
C) $90,000
D) $300,000