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Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: 2. Prepare a contribution format income statement for
Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: 2. Prepare a contribution format income statement for the quarter ended December 31. Answer is complete but not entirely correct. 3. What was the contribution toward fixed expenses and profits for each snowboard soid during the quarter? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Answer is complete but not entirely correct. $410 per snowboard 4. What would operating income be if only 2,500 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 2,500 snowboards. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)
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