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Mechem Corporation produces and sells a single product. In April, the company sold 2,000 units. Its total sales were $155,000, its total variable expenses were
Mechem Corporation produces and sells a single product. In April, the company sold 2,000 units. Its total sales were $155,000, its total variable expenses were $80,100, and its total fixed expenses were $57,000. b. Redo the company's contribution format income statement assuming that the company sells 1,900 units. (Do not round intermediate calculations.)
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