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Marwick s Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $ 1 , 4 9 8 per unit and then

Marwicks Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $1,498 per unit and then sells them to retail customers for an average price of $2,500 each. The companys selling and administrative costs for a typical month are presented below: Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $1,498 per unit and then sells them
to retail customers for an average price of $2,500 each. The company's selling and administrative costs for a typical month are
presented below:
During August, Marwick's Pianos, Incorporated, sold and delivered 56 pianos. \table[[Marwick's Pianos, Incorporated,,],[Fortribution Format Income Statement,,],[,Total,Per Piano],[Sales,,],[Variable expenses:,,],[Sales salaries and commissions,,],[Delivery of pianos,,],[Clerical,,],[Cost of goods sold,,],[,,],[Total variable expenses,,],[Contribution margin,,],[Fixed expenses:,,],[Advertising,,],[Sales salaries and commissions,,],[Utilies,,],[Depreciation of sales facilties,,],[Depreciation of office equipment,,],[Executive salaries,,],[Insurance,,],[Clerical,,],[,,],[,,],[,,],[,,],[,,],[,,],[,,]]
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