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Required information The following information applies to the questions displayed below. Westerville Company reported the following results from last year's operations: Sales $ 1,600,000 Variable expenses 700,000 Contribution margin Fixed expenses 900,000

Required information The following information applies to the questions displayed below. Westerville Company reported the following results from last year's operations: Sales $ 1,600,000 Variable expenses 700,000 Contribution margin Fixed expenses 900,000 660,000 $ 240,000 Net operating incomeScreen Shot 2020-11-16 at 11.09.29 AM.pngScreen Shot 2020-11-16 at 11.09.21 AM.pngScreen Shot 2020-11-16 at 11.09.10 AM.png

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$ 520,000 Sales Variable Expenses $15,00 Contribution margin $364,000 Fixed Expenses Net operating income $ 52,000 Q1 $312,00

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