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Litke corporation a company that produces and sells a

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Litke Corporation, a company that produces and sells a single product, has provided its contribution format income statement for February.

Sales (5,400 units).........$129,000
Variable expenses.......... 59,400
Contribution Margin........ 70,200
Fixed Expenses............. 54,600
Net Operating Income..... 15,600

If the company sells 5,100 units, its net operating income should be closest to:

Reference no: EM13600511

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