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Saved The following income statement was produced when volume of sales was at 400 units....

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Accounting

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Saved The following income statement was produced when volume of sales was at 400 units. Sales Revenue Variable Cost Contribution Margin Fixed Cost Net Income $2,000 1,200 $ 800 300 $ 500 If volume reaches 500 units, net income will be: Multiple Choice O $700 $625 O None of these Sales Revenue Variable Cost Contribution Margin Fixed Cost Net Income $2,000 1,200 $ 800 300 $ 500 If volume reaches 500 units, net income will be: Multiple Choice $700 $625 None of these $1,800

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