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Business, 26.06.2020 16:01 oomale

Question 12 of 50 Next QuestionUnsaved change Moving to the next question prevents changes to this answer. Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) $ 120,000 Variable expenses 90,000 Contribution margin 30,000 Fixed expenses 21,000 Net operating income $ 9,000 If sales decline to 2,900 units, the net operating income would be closest to:

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