Question: Erdmann Corporation has provided its contribution format income statement for July. The company produces and sells a single product. Sales (8,500 units) $799,000 Variable expenses
Erdmann Corporation has provided its contribution format income statement for July. The company produces and sells a single product. Sales (8,500 units) $799,000 Variable expenses 518,500 Contribution margin 280,500 Fixed expenses 150,200 Net operating income $ 130,300 If the company sells 7,300 units, its total contribution margin should be closest to
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