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1.Mechem Corporation produces and sells a single product. In April, the company sold 2,500 units. Its total sales were $146,000, its total variable expenses were
1.Mechem Corporation produces and sells a single product. In April, the company sold 2,500 units. Its total sales were $146,000, its total variable expenses were $79,200, and its total fixed expenses were $56,100.
Required:
a. Construct the company's contribution format income statement for April.(Do not round intermediate calculations.)
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