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Frieden Company's contribution format income statement for last month is shown below: Sales (30,000 units) $1,350,000 810,000 Variable expenses Contribution margin Fixed expenses Operating

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Frieden Company's contribution format income statement for last month is shown below: Sales (30,000 units) $1,350,000 810,000 Variable expenses Contribution margin Fixed expenses Operating income 540,000 486,000 $ 54,000 Competition is intense, and Frieden Company's profits vary considerably from one year to the next. Management is exploring opportunities to increase profitability.

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