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

Below is a contribution format income statement for last month when Hill Corp. made and sold 20,000 units. Sales (20,000 units) Variable Expense. Contribution Margin Fixed Expense Net operating income. $1,000,000 .600,000 400,000 ..150,000 250,000 Hill Company's profit formula in terms of sales would be

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