The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contribution Margin $ 900 Fixed Cost 410 Net Income $ 490 If volume reaches 500 units, net income will be:
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Home » Business » The following income statement was produced when volume of sales was at 400 units. Sales Revenue $ 1,600 Variable Cost 700 Contribution Margin $ 900 Fixed Cost 410 Net Income $ 490 If volume reaches 500 units, net income will be: