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Guitian Corporation produces and sells a single product. The company's contribution format income statement for June appears below: Sales (5,500 units) $297,000 Variable expenses.. 165.000
Guitian Corporation produces and sells a single product. The company's contribution format income statement for June appears below: Sales (5,500 units) $297,000 Variable expenses.. 165.000 Contribution margin 132,000 Fixed expenses.... 105.300 Net operating income. $ 26.700 Required: Redo the company's contribution format income statement assuming that the company sells 5,700 units
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