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Chocolates Galore's most recent income statement follows Total Sales (8,300 units) $ 216,630 Variable expenses 142,760 Contribution margin 73,870 Fixed expenses 54,900 Net operating income
| Chocolates Galore's most recent income statement follows |
| Total | |||||
| Sales (8,300 units) | $ | 216,630 | |||
| Variable expenses | 142,760 | ||||
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| Contribution margin | 73,870 | ||||
| Fixed expenses | 54,900 |
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| Net operating income | $ | 18,970 | |||
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| Required: | |
| Prepare a new contribution format income statement if the sales volume is 7,300 units.
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