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ing Enabled: Module 3 Exam (Chapters 5 & 6) @ Saved Giannini Incorporated, which produces and sells a single product, has provided the following contribution
ing Enabled: Module 3 Exam (Chapters 5 & 6) @ Saved Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) $ 310,090 Variable expenses 125, 000 Contribution margin 185, 000 Fixed expenses 104, 506 Net operating income $ 80,500 9:16 Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.nabled: Module 3 Exam (Chapters 5 & 6) ( Saved Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 260 Variable expenses 39 15% Contribution margin $ 221 85% Fixed expenses are $180,000 per month. The company is currently selling 1,700 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $45. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 400 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected? (Negative amounts should be indicated by a minus sign.) Change in net operating income
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