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Question 13 The Henderson Company sells picnic tables and has no beginning and ending inventories. They ve shared the following data Sales Price per Unit
Question 13 The Henderson Company sells picnic tables and has no beginning and ending inventories. They ve shared the following data Sales Price per Unit 5100 Direct Materials Used 90,000 Direct Labor 110,000 Variable Overhead 80,000 Variable Selling & Administrative 30,000 Fixed Overhead 150,000 Fred See & Administrative 20,000 Units Produced and Sold 5.000 Determine the operating income assuming the Henderson Company uses the contribution marginapproach to prepare the income statement Show your calculations for credit
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