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Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product.

Sales (8,400 units): ($) 764,400
Variable expenses: ($) 445,200
Contribution margin: ($) 319,200
Fixed expenses: ($) 250,900
Net operating income: ($) 68,300

If the company sells 8,200 units, its total contribution margin should be closest to:

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M945309

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