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Sales 415,000 Variable costs ration =.68 total variable cost 282,200 Contribution margin ratio=.32 contribution margin 132,800 Total fixed costs 63,000 Operating income 69,800 Suppose actual

Sales 415,000 Variable costs ration =.68

total variable cost 282,200 Contribution margin ratio=.32

contribution margin 132,800

Total fixed costs 63,000

Operating income 69,800

Suppose actual revenues are $30,000 more than budgeted. Operating income increases by 9,600

Prepare a new contribution margin income statement. (please help complete the statement below)

Sales____________

Variable costs___________

Contribution margin____________

Fixed costs=63,000

Operating income_____________

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