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If the company sells 4,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

If the company sells 4,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,300 units) Variable expenses Contribution margin Fixed expenses Net operating income S S 94,600 47,300 47,300 35,000 12,300 If the company sells 4,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
Transcribed Image Text:Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,300 units) Variable expenses Contribution margin Fixed expenses Net operating income S S 94,600 47,300 47,300 35,000 12,300 If the company sells 4,900 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)
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