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Menlo Company distributes a single product. The companys sales and expenses for last month follow: Total Per Unit Sales $ 600,000 $ 40 Variable expenses
Menlo Company distributes a single product. The companys sales and expenses for last month follow:
Total | Per Unit | |||||
Sales | $ | 600,000 | $ | 40 | ||
Variable expenses | 420,000 | 28 | ||||
Contribution margin | 180,000 | $ | 12 | |||
Fixed expenses | 150,000 | |||||
Net operating income | $ | 30,000 | ||||
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