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Thomason Corporation has provided the following contribution format income statement. Assume that the following information i

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Answer #1

Current Variable expenses per unit = $30000 / 1000 = $30

Sales $          42,000 =40000/1000*1050
Variable Expenses $          32,550 =1050*31
Contribution Margin $            9,450
Fixed Expenses $            9,000 =7000+2000
Net Operating Income $               450

Answer is $450

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