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Eastern Imports Incorporated sold 13,500 units in August. Per unit selling price and variable expense were $30 and $22, respectively. Fixed expense incurred for

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Eastern Imports Incorporated sold 13,500 units in August. Per unit selling price and variable expense were $30 and $22, respectively. Fixed expense incurred for August totaled $70,000. Required: Prepare the August income statement for Eastern Imports in the contribution margin format. EASTERN IMPORTS INCORPORATED August Income Statement Contribution Margin Format

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