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Required information A company sold a total of 1,000 units for total sales revenue of $20,000. The company incurred total variable expenses of $13,000
Required information A company sold a total of 1,000 units for total sales revenue of $20,000. The company incurred total variable expenses of $13,000 and total fixed expenses of $3,780. Based on this, the company reported a total contribution margin of $7,000 and net operating income of $3,220. Use this information to answer the following questions. Assume that all units are within the relevant range. Calculate the net operating income if the selling price increases by $2 per unit and the sales volume decreases by 100 units. Net operating income
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