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The following income statement applies to Nagano Company for the current year: Income Statement Sales revenue (460 units $39) $ 17,940 Variable cost (460 units
| The following income statement applies to Nagano Company for the current year: |
| Income Statement | |||
| Sales revenue (460 units $39) | $ | 17,940 | |
| Variable cost (460 units $24) | (11,040 | ) | |
| Contribution margin | 6,900 | ||
| Fixed costs | (4,900 | ) | |
| Net income | $ | 2,000 | |
|
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Integrated Auditing Of ERP Systems
Authors: Yusufali F. Musaji
1st Edition
0471235180, 978-0471235187
