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Long Island Industries has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) Variable
Long Island Industries has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (1,000 units) Variable expenses Contribution margin Fixed expenses Net operating income The break-even in unit sales is closest to: O units. 650 units. 895 units. 700 units. O O O $50,000 32,500 17,500 12,250 $5,250
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