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3. During the second month of operations, the company again produced 58,300 units but sold 72,200 units. (Assume no change in total fixed costs.)
3. During the second month of operations, the company again produced 58,300 units but sold 72,200 units. (Assume no change in total fixed costs.) a. Prepare a contribution format income statement for the month using variable costing Sales Variable expenses Variable cost of goods sold Variable selling and administrative expense Contribution margin Fixed expenses Fixed manufacturing overhead Fixed selling and administrative expense Operaing income 0 0 0 $ 0 Prev 5 of 5 Next >
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