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China Imports, Inc., sold 15,500 units in May. Per unit selling price and variable expense were $34 and $26, respectively, Fixed expense incurred for May

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China Imports, Inc., sold 15,500 units in May. Per unit selling price and variable expense were $34 and $26, respectively, Fixed expense incurred for May totaled $78.000. Required: Prepare the May income statement for China Imports, Inc., in the contribution margin format May Income Statement Contribution Margin Format

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