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Problem 1: Inc. which produces and sells a single product, has provided the following Answer...

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Accounting

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Problem 1: Inc. which produces and sells a single product, has provided the following Answer Gonyo format income statement for December Sales (3.200 units) $252,800 Variable expenses 118,400 Contribution margin 134,400 Fixed expenses Net operating income $20,800 Assume the company now has sales level of 3,400 units Required: 21. Assuming the new sales level of 3,400 unit, compute Total Sales 22. Assuming the new sales level of 3,400 unit, compute Total Variable Costs 23. Assuming the new sales level of 3,400 unit, compute Total Contribution Markin 24. Assuming the new sales level of 3,400 unit, compute Total Fixed Costs 25. Assuming the new sales level of 3,400 unit, compute Net Operating Incoms

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