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Contribution Income Statement and Cost - Volume - Profit Graph Picnic Time produces a picnic basket that is sold for $ 1 0 0 per
Contribution Income Statement and CostVolumeProfit Graph
Picnic Time produces a picnic basket that is sold for $ per unit. Assume the company produced and sold baskets during July. There were no beginning or ending inventories. Variable and fixed costs follow.
tableVarlable Costs per Unit,,Fixed Costs per MonthtableManufacturing:Direct materials.Direct labor Manufacturing overheadtable$tableManufacturing overhead.Selling and administrative.Totaltabletable$
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