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The following income statements are provided for Company's last two years of operation Number of units produced and sold Sales revenue Cost of goods sold

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The following income statements are provided for Company's last two years of operation Number of units produced and sold Sales revenue Cost of goods sold Gross margin General, selling, and administrative expenses Net income 3,500 $101,500 68,000 33,500 13, $ 20,500 3,000 S87, 60,00 27, . 12,000 $15,000 Assuming that cost behavior did not change over the two year period, what is Lil Company's contribution margin in Year 22 Multiple Choice

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