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Help Restate the following income statement for a retailer in contribution format. $ 75,000 42.000 33.000 Sales revenue ($100 per unit) Less cost of goods
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Restate the following income statement for a retailer in contribution format. $ 75,000 42.000 33.000 Sales revenue ($100 per unit) Less cost of goods sold ($56 per unit) Gross margin Less operating costs: Commissions expense 155 per unit) $ 3.750 Salaries expense 7.900 Advertising expense 5.800 Shipping expense (52 per unit) 1500 18.950 $14.050 Operating income 1013 $ > Step by Step Solution
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