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ACCT/386 ACCT386 ACCT 386 Week 3 Homework Question 5

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ACCT 386 Week 3 Homework Question 5 There may be chances that the figures given in our question and your question doesn’t matches. Don’t worry, we are here to help you. Just write to us at studentwhiz@gmail.com and your answer is with you in no time. Question 5 Frieden Company’s contribution format income statement for the most recent month is given below: Sales (45,000 units) $ 1,170,000 Variable expenses 819,000 Contribution margin 351,000 Fixed expenses 280,800 Net operating income $ 70,200 The industry in which Frieden Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits.

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