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Sales $ 636,000 $ 40 Variable expenses 445,200 28 Contribution margin 190,800 $ 12 Fixed expenses 146,400 Net operating income $ 44,400

Sales	$	636,000	$	40
Variable expenses		445,200		28

Contribution margin		190,800	$	12
Fixed expenses		146,400

Net operating income	$	44,400

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