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Problem# 2 (10 points) Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for March: 477,900 206,500

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Problem# 2 (10 points) Giannini Inc., which produces and sells a single product, has provided the following contribution format income statement for March: 477,900 206,500 271,400 190,800 80,600 $ Sales (5,900 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: Redo the company's contribution format income statement assuming that the company sells 5,500 units. Answer: A

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