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Mini Company produced and sold 25,000 units with the following results for the year ending January 31, 2022: Required: 1. Prepare a contribution format income

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Mini Company produced and sold 25,000 units with the following results for the year ending January 31, 2022: Required: 1. Prepare a contribution format income statement in good form. (4.5 marks) 2. How will the unit cost of goods sold be affected (increase, decrease, or stay the same) if production and sales units increase next year? Why? (1.5 marks)

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