total unit sales 1 000 000 50 00 less variable expenses 600 000 30 00 contribution m 651921

Total Unit Sales$1,000,000 $50.00 Less variable expenses 600,000 30.00

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Contribution margin 400,000 20.00 Less fixed expenses 320,000 16.00

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Operating income 80,000 4.00 Less income taxes @ 40% 32,000 1.60

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Net operating income$48,000 $2.40

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