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I need help filling out where there is a blue square please. What i have so far is showing as correct. Prepare a contribution margin
I need help filling out where there is a blue square please. What i have so far is showing as correct. Prepare a contribution margin income statement for the second quarter in Round "Perunit dollars" to decimal places and
"Percentages of sales" to decimal place.
Gomes Inc. prepared the following income statement for the second quarter in
Sales revenue units $
Less: Costs of goods sold
Gross margin
Less: Selling & administrative expenses
Net income $
Gomess annual fixed manufacturing expenses, incurred uniformly each quarter, amount to $; it also pays a sales commission of $ per unit to its sales personnel.
Required:
Prepare a contribution margin income statement for the second quarter in Round "Perunit dollars" to decimal places and "Percentages of sales" to decimal place.
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