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The July contribution format income statement of Doxtater Corporation appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 564,400 312,800 251,600
The July contribution format income statement of Doxtater Corporation appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income $ 564,400 312,800 251,600 193,800 $ 57,800 If the company's sales volume increases by 19%, its net operating income should increase by about:
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