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( Click the icon to view the income statement. ) Universal's relevant range is sales of between $ 1 2 0 , 0 0 0
Click the icon to view the income statement. Universal's relevant range is sales of between $ and $ Read the requirements. Requirement Prepare contribution margin income statements at sales levels of $ and $Hint: Use the contribution margin ratio. Universal Travel Contribution Margin Income Statement Three Months Ended March Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income loss Now prepare the contribution margin income statement at the $ level. Round the variable expense rate to the ne Universal Travel there are parts please complet both Contribution Margin Income Statement Three Months Ended March Requirements Prepare contribution margin income statements at sales levels of $ and $Hint: Use the contribution margin ratio. Compute breakeven sales in dollars.
Click the icon to view the income statement.
Universal's relevant range is sales of between $ and $
Read the requirements.
Requirement Prepare contribution margin income statements at sales levels of $ and $Hint: Use the contribution margin ratio.
Universal Travel
Contribution Margin Income Statement
Three Months Ended March
Sales revenue
Less: Variable expenses
Contribution margin
Less: Fixed expenses
Operating income loss
Now prepare the contribution margin income statement at the $ level. Round the variable expense rate to the ne
Universal Travel
there are parts please complet both
Contribution Margin Income Statement
Three Months Ended March
Requirements
Prepare contribution margin income statements at sales levels of $ and
$Hint: Use the contribution margin ratio.
Compute breakeven sales in dollars.
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