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000. Requirements 1. Prepare contribution margin income statements at sales levels of $180,000 and $440,000. (Hint: Use the contribution margin ratio.) 2. Compute breakeven sales

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000. Requirements 1. Prepare contribution margin income statements at sales levels of $180,000 and $440,000. (Hint: Use the contribution margin ratio.) 2. Compute breakeven sales in dollars. Print Done 1 of 6 (5 complete) Universal's first auarter results are as follows: * Data Table Req Prep and Com Universal Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue 400,000 120,000 Less: Variable expenses Contribution margin 280,000 170,800 Less: Fixed expenses 109,200 Operating income Print Done Clear All Lib idi iu) Universal Travel uses the contribution margin income statement internally, Universal's first quarter results are as follows: (Click the icon to view the income statement.) Universal's relevant range is sales of between $125,000 and $630,000 Read the requirements Requirement 1. Prepare contribution margin income statements at sales levels of $180,000 and $440,000. (Hint: Use the contribution margin ratio) Begin by preparing the contribution margin income statement at the $180,000 level (Round the variable expense rate to the nearest whole percent. Enter losses with a minus sign or parentheses) Universal Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin I see fivad avanese Enter any number in the edit fields and then click Check Answer Check Clear All parts remaining dhe Kadha .mp3 Braun 5e E2-docx Bbma05e2_2...xlsx B _Braun 5e E2-...zip B Braun 5e E2-Zip Universal Travel uses the contribution margin income statement inter (Click the icon to view the income statement.) Universal's relevant range is sales of between $125,000 and $630,00 Read the requirements. Begin by preparing the contribution margin income statement at the $. Universal Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income (loss) Enter any number

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