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Miden Company is a merchandiser that plans to sell 27,000 units during the next quarter at a selling price of $56 per unit. The company

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Miden Company is a merchandiser that plans to sell 27,000 units during the next quarter at a selling price of $56 per unit. The company also gathered the following cost estimates for the next quarter: Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Prepare a contribution format income statement for the next quarter. Prepare a traditional format income statement for the next quarter

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