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Sorin Inc., a company that produces and sells a single product,...

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Accounting

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Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January sales (4,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $112,000 47,040 64,960 46,800 $ 18,160 If the company sells 4,700 units, its total contribution margin should be closest to: (Do not round intermediate calculations.)

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