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Giroux Corporation produces and sells one single model of a tennis racket. The company's contribution format income statement for January appears below: Sales (5,000 units)
Giroux Corporation produces and sells one single model of a tennis racket. The company's contribution format income statement for January appears below: Sales (5,000 units) $ 330,000 Variable expenses 175,000 Contribution margin 155,000 Fixed expenses 104,900 Net operating income $ 50,100 Required: Assuming no change in cost behavior, calculate Giroux's net operating income assuming the company sells 5,200 units instead of the 5,000 units. (Omit the "$" sign in your response.) Net operating income $
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