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An income statement for Crandall's Backstore for the first quarter of the presented below: On average, a book sells for $50. Variable selling expenses are
An income statement for Crandall's Backstore for the first quarter of the presented below: On average, a book sells for $50. Variable selling expenses are 50 per the remaining selling expenses being fixed. The variable 3% of sales, with the remainder being fixed. Convert the above income statement in to a statement to a contribution statement An income statement for Crandall's Backstore for the first quarter of the presented below: On average, a book sells for $50. Variable selling expenses are 50 per the remaining selling expenses being fixed. The variable 3% of sales, with the remainder being fixed. Convert the above income statement in to a statement to a contribution statement
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