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QUESTION 2 A Manufacturing Company produces three products: X, Y, and Z. The income statement for this year is as follows: Sales $200,000 Less: Variable
QUESTION 2 A Manufacturing Company produces three products: X, Y, and Z. The income statement for this year is as follows: Sales $200,000 Less: Variable expenses 127,000 Contribution margin $ 73,000 Less fixed expenses: Monacturing $20,000 Sellin und administrative 14,000 34.002 Net income $ 39.000 The sales, contribution margin ratios, and direct fixed expenses for the three types of products are as follows: X Y Z Sales $60,000 $40,000 $100,000 Contribution marssin ratio 35% 30% 40% Direct fixed experises of products $ 8,000 $ 5,000 $4,000 Required: Prepare income statements segmented by products. Include a column for the entire firm in the statement For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI Paragraph Arial 14px E A V Save and Submit to save and submit. Click Save All Answers to save all ansatte 13
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