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Madison Mulch Company offers natural hardwood mulch and color enhanced mulch. Madison Mulch's accountants have produced the following contribution format income statement for January.

Madison Mulch Company offers natural hardwood mulch and color enhanced mulch. Madison Mulch's accountants have produced the following contribution format income statement for January. Sales (3,300 units) Variable expenses Contribution margin ixed expenses et operating income $ 128,700 65,637 63,063 47,900 $ 15,163 company sells 3,700 units, its total contribution margin should be closest to:

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