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What is the net operating income

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Question - Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below:

Sales (5,000 units) $325,000  

Variable expenses 200,000  

Contribution margin 125,000  

Fixed expenses 106,400  

Net operating income $18,600  

Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units.

What is the Net Operating Income?

Reference no: EM131629504

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