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Giannini Incorporated, which produces and sells a single product, has provided the following contribution format...

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Accounting

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Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March:

Sales (5,000 units) $ 295,000
Variable expenses 100,000
Contribution margin 195,000
Fixed expenses 105,800
Net operating income $ 89,200

Required:

Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)

Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)

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