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Lions Incorporated manufactures and sells one product. Revenue and cost data are: Selling price per unit $20 Variable cost per unit $12 Total fixed costs

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Lions Incorporated manufactures and sells one product. Revenue and cost data are: Selling price per unit $20 Variable cost per unit $12 Total fixed costs for period $80,000 Prepare a contribution margin income statement based on projected sales of 15.000 units for Lions, Inc

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