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Business, 12.03.2021 23:20 myaxo

Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for March:Sales (5,000 units) $ 300,000Variable expenses 175,000Contribution margin 125,000Fixed expenses 104,300Net operating income $ 20,700Required:Redo the company's contribution format income statement assuming that the company sells 5,200 units.

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