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For its top managers, Mars Travel formats as income statement as follows (Click the icon to view the income statement.) Mars's relevant range is
For its top managers, Mars Travel formats as income statement as follows (Click the icon to view the income statement.) Mars's relevant range is between sales of $245,000 and $370,000 Read the urement 179.265 314,500 Requirement 2. Prepare twe contribution margin income statements one at the $240.000 sales level and one at the $370.000 sales level (nt The proportion of each sales dolar that goes toward variable costs is const within the relevant range) First prepare the contribution margin income statement at the $245,000 sales level (Use a minus sign or parentheses for a loss) Mars Travel Contribution Margin come Statement Three Months Ended March 31, 2016 Data table - X Net Sales Revenue Variable Casts Contribution Margin Fixed Costs Operating Income (Lass) 240000 Help me solve this Video Get more help- Mais Travel Contribution Margin locome Statement The Months Ended March 31, 2016, Net Sales Revenue 314,500 136.235 Variable Costs Contribution Margin 175265 176.000 Fixed Costs 3265 Operating Income Check answer
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