Question: This is the contribution format income statement for Pop's Corporation for the month. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income

This is the contribution format income statement for Pop's Corporation for

the month. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net

This is the contribution format income statement for Pop's Corporation for the month. Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $120,000 90,000 30,000 21,000 S 9,000 If sales decline to 2,900 units, what will be the new net operating income? Multiple Choice $29.000 $1,000 $8,700 $8,000

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