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he Metropolitan Hospital Laboratory conducts a wide variety of tests, but the 2015 departmental income statement, included below, shows a large amount of red ink.

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he Metropolitan Hospital Laboratory conducts a wide variety of tests, but the 2015 departmental income statement, included below, shows a large amount of red ink. Financial analysts have recommended that the department be closed because of the red ink. Assignment and Questions 1. Construct a contribution margin income statement

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