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Eneliko Company installs home theater systems. The companys most recent monthly contribution format income statement appears below: Amount Percent of Sales Sales . . .

Eneliko Company installs home theater systems. The companys most recent monthly contribution format income statement appears below: Amount Percent of Sales Sales . . . . . . . . . . . . . . . . . . . . . . . . . $120,000 100% Variable expenses . . . . . . . . . . . . . . 84,000 70% Contribution margin

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