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COVID 19 Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales ($68 per unit)
COVID 19 Corporation, a company that produces and sells a single product, has provided its contribution format income statement for November. Sales ($68 per unit) Variable expenses Contribution margin $442,000 $312,000 $130,000 $103,500 Fixed expenses Net operating income If the company sells 6300 units, its net operating income should be closest to: (Do not round intermediate calculations.) Select one: a. $24,500 b. $26,500 c. $25,979 d. $22,500
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