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ong Question 2 The following is Arkadia Corporation's contribution format income statement for last month: $1,200,000 Sales Variable expenses 800,000 Contribution margin 400,000 Fixed expenses300,000

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ong Question 2 The following is Arkadia Corporation's contribution format income statement for last month: $1,200,000 Sales Variable expenses 800,000 Contribution margin 400,000 Fixed expenses300,000 Net operating income $100,000 The company has no beginning or ending inventories and produced and sold 20,000 units during the month. Required: 44. What is the company's contribution margin ratio? 45. What is the company's contribution margin? 46. What is the company's break-even in units? 47. If sales increase by 100 units, by how much should net operating income increase? 48. How many units would the company have to sell to attain a target profit of $125,000? 49. What is the company's margin of safety in dollars? 50. What is the company's degree of operating leverage

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