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Question 4: The ABC Company provides you the following data for the year 2017. Calculate a) contribution margin and b) net operating income of ABC

Question 4: The ABC Company provides you the following data for the year 2017. Calculate a) contribution margin and b) net operating income of ABC Company for the year 2017.

Number of units produced and sold

1,000 units

Sales price per unit

$10

Per unit variable expenses

$4

Total fixed expenses

$2,500

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