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Lasseter Corporation has provided its contribution format income statement for August. The company produces and...

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Accounting

Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single product. Sales (5,500 units) $ 220,000 Variable expenses 99,000 Contribution margin 121,000 Fixed expenses 47,000 Net operating income $ 74,000 If the company sells 5,600 units, its total contribution margin should be closest to:

$75,345

$121,000

$123,200

$125,000

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