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Requirements - small specialty store business. Help Mr. T Data table 1. Recast the income statement to emphasize contribution margin. 2. Calculate the contribution
Requirements - small specialty store business. Help Mr. T Data table 1. Recast the income statement to emphasize contribution margin. 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2020. 3. What is the margin of safety (in units) for June 2020? 4. If sales in June were only 9,500 units and Mirabella's tax rate is 30%, calculate its net income. t.) d Mirabella's tax rate me if sales were only Units sold Revenues Total Gross margin Operating costs uctionT Print Done Less: 10,000 $ 120,000 Cost of goods sold Variable manufacturing costs $ 50,000 19,920 Fixed manufacturing costs 69.920 50,080 Variable marketing costs $ 22,000 18,000 Fixed marketing and administrative costs Total operating costs 40,000 $ 10.080
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