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Make sure and provide every answer of a cell with the eaution. Exapmle (=B3+B4) Jay Corporation has decided to prepare contribution income statements for internal

Make sure and provide every answer of a cell with the eaution. Exapmle (=B3+B4) image text in transcribed
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Jay Corporation has decided to prepare contribution income statements for internal planning: After analvzine exoenses the combanw has determined the followine cost patterns. \begin{tabular}{l|l|l|} \hline & & \\ \hline & & \\ \hline & \\ \hline & \\ \hline & \\ \hline \end{tabular} Shipping has been determined to be a mixed cost with the following total costs and units: 16 17 18 19 20 21 21 2 2 2 2 2 28 Use the data to answer the following. 29 (Use cells A4 to C26 from the given information to complete this question. All answers should be input and displayed as positive values.) 30 31 32 1. Using the high-low method, determine a cost formula for shipping costs. 2. Prepare a contribution margin income statement for Quarter 1 of 2024 Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your wark. Nothing in thit area will be craded, but it will be submitted with your assignment

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