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or its top managers, Neptune Travel formats its income statement as follows: Click the icon to view the income statement.) Neptune's relevant range is between

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or its top managers, Neptune Travel formats its income statement as follows: Click the icon to view the income statement.) Neptune's relevant range is between sales of $252,000 and $367,000, Read the requirements Requirement 2. Prepare two contribution margin income statements: one at the $252,000 sales level and one at the S367,000 sales level. (Hint. The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) First prepare the contribution margin income statement at the $252,000 sales lavet. (Use a minus sign or parentheses for a loss.) Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Nat Sales Revenue Enter any number in the edit fields and then click Check Answer 1 part Clear All Check Answer remaining here to search ORI 2 of 5 (2 complete) dia - X i Data Table $367,000 sa for a loss.) Neptune Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue $ 317,500 95,250 Variable Costs Contribution Margin 222,250 Fixed Costs 175,000 $ 47,250 Operating Income nick. Print Done Clear All For its top managers, Neptune Travel formats its income statement as follows: E (Click the icon to view the income statement.) Neptune's relevant range is between sales of $252,000 and $367,000. Read the requirements. MU Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income (Loss) Enter any number in the edit fields and then click Check Answer 2 of 5 (2 complete) HW Scor to) Assigned Media Travel formats its income statement as follows: ncome statement.) tween * Requirements - X ome St March 3 1. Calculate the contribution margin ratio. 2. Prepare two contribution margin income statements: one at the S252,000 sales level and one at the $367,000 sales level. (Hint. The proportion of each sales dollar that goes toward variable costs is constant within the relevant range.) Print Done lit fields and then click Check Answer Clear All C Olt CH

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