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Problem 1-25 (Algo) Traditional and Contribution Format Income Statements [LO1-6] Milden Company is a merchandiser that plans to sell 23,000 units during the next quarter

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Problem 1-25 (Algo) Traditional and Contribution Format Income Statements [LO1-6] Milden Company is a merchandiser that plans to sell 23,000 units during the next quarter at a selling price of $51 per unit. The company also gathered the following cost estimates for the next quarter: Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the next quarter. Dronara a traditional format income statement for the next quarter. Dranara a mntribution format income statement for the next quarter

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