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Neeley Incorporated had the following fixed costs: The company also had the following variable costs: The company produced and sold 55,000 units of the product

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Neeley Incorporated had the following fixed costs: The company also had the following variable costs: The company produced and sold 55,000 units of the product during the year at a selling price of $9.00 per unit. The company had no inventory at eh beginning of the year. Required: Prepare a contribution margin income statement for the year

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