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Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) $ 335,000 Variable
Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) $ 335,000 Variable expenses 150,000 Contribution margin 185,000 Fixed expenses 105,200 Net operating income $ 79,800 Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)
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