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Wheeler Corporation's Income Statement is shown below. Total Sales (7,500 units) $ 98,750 Variable expenses 133,500 Contribution margin Fixed expenses 65,250 55,200 Net operating Income

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Wheeler Corporation's Income Statement is shown below. Total Sales (7,500 units) $ 98,750 Variable expenses 133,500 Contribution margin Fixed expenses 65,250 55,200 Net operating Income 10,050 Required: Prepare a new contribution format Income statement if the sales volume is 6,500 units. Wheeler, Inc. Contribution Income Statement Total

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