scavalieri3746
scavalieri3746
12.03.2020 • 
Business

Grape Inc., which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units)$305,000 Variable expenses 150,000 Contribution margin 155,000 Fixed expenses 106,000 Net operating income$49,000 Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)

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