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Harrison Company expects to sell 200,000 units of its product next year, which would generate total sales of $17,000,000. Management predicts that income for next
Harrison Company expects to sell 200,000 units of its product next year, which would generate total sales of $17,000,000. Management predicts that income for next year will be $1,250,000 and that the contribution margin per unit will be $25. Complete the below table to calculate the next year's expected variable costs and fixed costs. HARRISON COMPANY Forecasted Contribution Margin Income Statement Units $ per unit Contribution margin 200,000 $ 25
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