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Question 2: Banana Fabrics sells rolls of cloths to dressmakers. The rolls are sold for $50 each. Variable costs are $40 per door, and fixed

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Question 2: Banana Fabrics sells rolls of cloths to dressmakers. The rolls are sold for $50 each. Variable costs are $40 per door, and fixed costs total $250,000 per year. The company is currently selling 28,000 doors per year. Prepare a contribution format income statement for the company at the current level of sales. (5 Marks

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