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Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30. Sales Variable expenses
Vulcan Company's contribution format income statement for June is as follows: Vulcan Company Income Statement For the Month Ended June 30. Sales Variable expenses Contribution margin Fixed expenses $ 800,000 300,000 500,000 470,000 Net operating income $ 30,000 Management is disappointed with the company's performance and is wondering what can be done to improve profits. By examining sales and cost records, you have determined the following:
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