A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:
A)$88,000
B)$353,000
C)$476,000
D)-$177,000

Question

Quizplus · Accepted Answer

The net operating income of the company as a whole is $88,000. This is calculated by subtracting the total variable costs from the total revenue.

A Properly Constructed Segmented Income Statement in a Contribution Format