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Market Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250

Market Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed selling and administrative costs total $2,500. Market Cellular sold 125 units in the Month of August

- Create a Total Contribution Margin Income Statement and a per unit Contribution Margin Statement for the Month of August

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