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Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income Total $ 998,000 598,800 Unit $ 49.90 29.94

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Sales Variable expenses Contribution margin Fixed expenses Net operating income Income taxes @ 40% Net income Total $ 998,000 598,800 Unit $ 49.90 29.94 399,200 19.96 317,200 15.86 82,000 4.10 32,800 1.64 $ 49,200 $ 2.46

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