Sand Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.
Sales (5,000 units) | $ | 145,000 |
Variable expenses | 58,000 | |
Contribution margin | 87,000 | |
Fixed expenses | 63,500 | |
Net operating income | $ | 23,500 |
If the company sells 5,700 units, its total contribution margin should be closest to
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