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Cost Volume Prot Analis Daniels Company manufactures and sells a specialized cordless telephone for high electromagnetic radiation environments. The company's contribution format income statement for

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Cost Volume Prot Analis Daniels Company manufactures and sells a specialized cordless telephone for high electromagnetic radiation environments. The company's contribution format income statement for the most recent year is given below: _ Sales (20,000 units) $1 ,200,000_ L._900 000 Contbutiton margin $300,000 .55 L40 000 _ Net operating income $60,000 _

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