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For this assignment, we ask you to prepare both functional and contribution margin income statements based on concepts from the course and data from the
For this assignment, we ask you to prepare both functional and contribution margin income statements based on concepts from the course and data from the JW Sports Supplies Case (Part A). Assume JW Sports Supplies ("the company") expects to produce and sell 1,500 units during the following month at a price of $100 per unit. Prepare a functional income statement that shows predicted revenues and costs. Prepare a contribution margin statement that shows predicted revenues, costs, and profit before tax.
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