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Countrywide's relevant range is sales of between $115,000 and $630,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels Begin by
Countrywide's relevant range is sales of between $115,000 and $630,000. Read the requirements. Requirement 1. Prepare contribution margin income statements at sales levels Begin by preparing the contribution margin income statement at the $250,000 lev Countrywide Travel Contribution Margin Income Statement Three Months Ended March 31 Sales revenue Less: Variable expenses Contribution margin Less Fixed expenses Operating income (loss) ... Data table 1 2 3 A Countrywide Travel Contribution Margin Income Statement Three Months Ended March 31 $ 4 Sales revenue 5 Less: Variable expenses 6 Contribution margin 7 Less: Fixed expenses 8 Operating income $ B $ 435,000 152,250 282,750 166,400 116,350 P X sses w
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