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North Corporation, a merchandising company, reported the following results for October: Sales $431,000 Cost of goods sold (all variable) $176,400 Total variable selling expense $24,900
North Corporation, a merchandising company, reported the following results for October: Sales $431,000 Cost of goods sold (all variable) $176,400 Total variable selling expense $24,900 Total fixed selling expense $18,700 Total variable administrative expense $13,100 Total fixed administrative expense $34,900 Required: Prepare a contribution margin format income statement
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