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Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. 2. Sales (5,000 units) Variable
Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. 2. Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 145,000 58,000 87,000 63,500 $ 23,500 If the company sells 5,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.) Multiple Choice $87,000 $99,180 $95,500 $26,790
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