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Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,100 units) Variable expenses
Sorin Incorporated, a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,100 units) Variable expenses Contribution margin Fixed expenses Net operating income $ 123,000 67,650 55,350 39,900 $ 15,450 If the company sells 4,800 units, its total contribution margin should be closest to: Note: Do not round intermediate calculations.
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