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High-Low Cost Estimation and Profit Planning
Comparative 2007 and 2008 income statements for Dakota Products Inc. follow:
\table[[\table[[DAKOTA PRODUCTS INC.],[Comparative Income Statements],[For Years Ending December 31,2007 and 2008]]],[,2007,2008],[Unit sales,5,000,8,000],[Sales revenue,$60,000,$96,000
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