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Please help Given the following information for ABC, Inc., prepare a traditional income statement AND a contribution margin income statement: Revenue Direct materials Direct labor

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Given the following information for ABC, Inc., prepare a traditional income statement AND a contribution margin income statement: Revenue Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable operating expenses Fixed operating expenses $40,000 5,000 3,000 4,500 6,500 2,500 9,500

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