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Blanchard Company manufactures a single product that sells for $280 per unit and whose total variable costs are $224 per unit. The company's annual

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Blanchard Company manufactures a single product that sells for $280 per unit and whose total variable costs are $224 per unit. The company's annual fixed costs are $879,200. 15,700 units were sold. (1) Prepare a contribution margin income statement for Blanchard Company at the break- even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) % of sales Sales Contribution margin

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