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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

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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 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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