Question: Erdmann Corporation has provided its contribution format income statement for July. The company produces and sells a single product. Sales (9,000 units) $882,000 Variable expenses
Erdmann Corporation has provided its contribution format income statement for July. The company produces and sells a single product. Sales (9,000 units) $882,000 Variable expenses 540,000 Contribution margin 342,000 Fixed expenses 160,200 Net operating income $ 181,800 If the company sells 8,500 units, its net operating income should be closest to
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