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Exercise 2-55 (Algo) Gross Margin and Contribution Margin Income Statements Alpine Coffee Roasters reports the following information for November. 24,800 Units produced and sold Per

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Exercise 2-55 (Algo) Gross Margin and Contribution Margin Income Statements Alpine Coffee Roasters reports the following information for November. 24,800 Units produced and sold Per unit revenue and costs: Sales revenue Direct materials costs Direct labor costs Variable manufacturing overhead Fixed manufacturing overhead based on a volume of 24,800 units Variable marketing and administrative costs Fixed marketing and administrative costs based on a volume of 24,800 units 8.40 0.55 0.35 0.25 2.25 1.00 2.95 Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a gross margin income statement Gross Margin Income Statement

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