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Can someone please help me on this please! Thank you! The contribution format income statement for Huerra Company for last year is given below: Unit
Can someone please help me on this please! Thank you!
The contribution format income statement for Huerra Company for last year is given below: Unit Total $1,000,000 50.00 Sales Variable expenses 600,000 30.00 Contribution margin 400,000 20.00 Fixed expenses 318,000 15.90 Net operating income 82,000 4.10 Income taxes 40% 32.800 1.64 49,200 2.46 Net income The company had average operating assets of$491,000 during the yearStep by Step Solution
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