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This is the contribution format income statement for Pop's Corporation for the month. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income

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This is the contribution format income statement for Pop's Corporation for the month. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $120,000 90,000 30,000 21,000 S 9,000 If sales decline to 2,900 units, what will be the new net operating income? Multiple Choice $29.000 $1,000 $8,700 $8,000

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