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The controller at Wesson Company's manufacturing plant has provided you with the following information for the first quarter's operations: Direct materials Fixed manufacturing overhead costs
The controller at Wesson Company's manufacturing plant has provided you with the following information for the first quarter's
operations:
Direct materials
Fixed manufacturing overhead costs
Sales price
Variable manufacturing overhead
Direct labor
Fixed marketing and administrative costs
Units produced and sold during the quarter
Variable marketing and administrative costs
$ per unit
$
$ per unit
$ per unit
$ per unit
$
$ per unit
Required:
a Prepare a gross margin income statement.
b Prepare a contribution margin income statement.
Please help me to complete the exercise
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