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Murugan Ltd. had the following results for the year Sales Less: Variable costs $ 45,000 39,000 Net operating income $ 6,000 T

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Answer #1

No. Of units sold = $45000/15 = 3000 units

Sales $45000
Less: variable costs (3000*9) 27000
Contribution margin $18000
Less: fixed expense (39000-27000) 12000
Net income $6000
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