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Assume the company expects to produce and sell 1,500 units during the following month at a price of $100 per unit. Prepare a functional income
Assume the company expects to produce and sell 1,500 units during the following month at a price of $100 per unit. Prepare a functional income statement that shows predicted revenues and costs. Prepare a contribution margin (CM) statement that shows predicted revenues, costs, and profit before tax.
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