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In December, ABC Company sold 2,900 units of its only product. Its total sales were $290,000, its total variable expenses were $145,000, and its total
In December, ABC Company sold 2,900 units of its only product. Its total sales were $290,000, its total variable expenses were $145,000, and its total fixed expenses were $150,000. Prepare the company's contribution format income statement for December. Prepare the company's contribution format income statement assuming that the company sells 3,100, 3,400, 3,700, and 4,000 units
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