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Haaki Shop Inc. is a large retailer of surfboards. The company assembled the information shown below for the quarter ended May 31: Required Prepare a

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Haaki Shop Inc. is a large retailer of surfboards. The company assembled the information shown below for the quarter ended May 31: Required Prepare a traditional income statement for the quarter ended May 31. Prepare a contribution format income statement for the quarter ended May 31 What was the contribution toward fixed expenses and profits for each surfboard sold during the quarter? Contribution per surfboard

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