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Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Within the relevant range, if the
Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product. Within the relevant range, if the company sells 3,000, its net operating income/loss should be: Please use the negative- sign for loss in your final answer. For e.g. if the loss is 4,000 then enter -4000. For 10,000 units Per unit Answer: Sales (10,000 units) $500,000 50 Variable expenses 200,000 20 Contribution margin 300,000 Fixed expenses 250,000 Net operating income $ 50.000
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