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Business, 02.03.2021 01:00 mylanag12

Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,500 units) $ 297,000 Variable expenses 165,000 Contribution margin 132,000 Fixed expenses 105,300 Net operating income $ 26,700 Required: Redo the company's contribution format income statement assuming that the company sells 5,700 units. (Do not round intermediate calculations.)

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