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please show work on digital notes or sheet of paper. NO computer notes/excel Problem 18-2B Contribution margin income statement and contribution margin ratio A1 The
please show work on digital notes or sheet of paper. NO computer notes/excel
Problem 18-2B Contribution margin income statement and contribution margin ratio A1 The following costs result from the production and sale of 12,000 LEGO sets manufactured by LEGO Company for the year ended December 31. The LEGO sets sell for $20 each. Required L. Prepare a contribution margin income statement for the year. 2. Compute contribution margin per unit and contribution margin ratio. Analysis Component 3. For each dollar of sales, how much is left to cover fixed costs and contribute to incomeStep by Step Solution
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