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Gonyo Inc, which produces and sells a single product, has provided the following contribution format income statement for December appears below 300,000 Sales (5,000 units)
Gonyo Inc, which produces and sells a single product, has provided the following contribution format income statement for December appears below 300,000 Sales (5,000 units) 150,000 Variable expenses 150,000 Contribution margin 105,900 Fixed expenses Net operating income S 44,100 Required: Redo the company's contribution format income statement assuming that the company sells 5 200 units
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