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1. Using Microsoft Excel prepare a contribution margin income statement based on the company's current operations. The income statement should be properly formatted and include

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1. Using Microsoft Excel prepare a contribution margin income statement based on the company's current operations. The income statement should be properly formatted and include sales, variable costs and contribution margin in total and also on a per unit basis. Right below the income statement calculate the following based on the current operations: Break even in units sold Break even in dollars Margin of safety in units it Margin of safety in dollars

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