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Buentello Corporation produces and sells a single product. The company's contribution format income statement for...

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Accounting

Buentello Corporation produces and sells a single product. The company's contribution format income statement for January appears below:

Sales (1,900 units) $55,100
Variable expenses 22,800
Contribution margin 32,300
Fixed expenses 24,900
Net operating income

$7,400

Required:

Redo the company's contribution format income statement assuming that the company sells 1,600 units.

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