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Question 1 3 pts Colorado Inc. prepared the following contribution income statement format based on sales volume of 1,640 units (the relevant range of production
Question 1 3 pts Colorado Inc. prepared the following contribution income statement format based on sales volume of 1,640 units (the relevant range of production is 1,000 units to 2,000 units) TABLET Sales Variable expenses Contribution Margin Fixed Expenses Net Operating Income $ 53,300.00 $ 35,096.00 $ 18,204.00 $ 6,060.00 $ 12,144.00 If selling price increases by $3 per unit, and sales volume decreases by 220 units, what would be the operating income? $20,166.00 None of these choices is correct $5,442.00 $13,962.00 $9,254.00
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