What would be the increase in net operating income

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Cena's income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales                      $24,500

Variable expenses     13,500

Contribution margin   11,000

Fixed expenses           7,700

Net operating income  $3,300

Required:

Problem 1: If sales increased to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.)

Reference no: EM132714526

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