Question: Below is a contribution format income statement for last month when Hill Corp. made and sold 20,000 units. Sales (20,000 units).....................$1,000,000 Variable Expense..............................400,000 Contribution Margin.........................600,000

Below is a contribution format income statement for last month when Hill Corp. made and sold 20,000 units. Sales (20,000 units).....................$1,000,000 Variable Expense..............................400,000 Contribution Margin.........................600,000 Fixed Expense..................................250,000 Net operating income......................350,000 Hill Company's profit formula in terms of units sold would be

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