Question
1. A condensed income statement for Tramco follows: (amounts are in thousands of dollars) Products F G H Total Sales (total) $200 $180 $320 $700
1. A condensed income statement for Tramco follows: (amounts are in thousands of dollars)
| Products | F | G | H | Total |
| Sales (total) | $200 | $180 | $320 | $700 |
| Unit-level Variable Cost (total) | (120) | (160) | (200) | (480) |
| Contribution Margin | 80 | 20 | 120 | 220 |
| Facility-Level Fixed Cost | (25) | (30) | (40) | (95) |
| Income (Loss) | $ 55 | $(10) | $ 80 | $125 |
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Tramco
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
4th Edition
0132423502, 978-0132423502
