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Woridwide Travel uses the contribution margin income statement intemaly. Worlawibe's fist quarter results iee as folows. F. (Clek the ioon to view the income rtalement).
Woridwide Travel uses the contribution margin income statement intemaly. Worlawibe's fist quarter results iee as folows. F. (Clek the ioon to view the income rtalement). Woridwide's relevant range is sales of behween 5115,000 and 5660,000 Read the teauirements Requirement 1. Prepare contrbution margin income statements af sales levels of $240.000 and 340.000 . (Fint Use the contributon margin rato.) Data table Use the contribution margin ratio.) rate to the nearest whole percent. Enter losses with a minus sign or pi Read the requirements Requirement 1. Prepa bution margin ratio.) Begin by preparing the Requirements rest whole percent, Enter lossea with a 1. Prepare contribution margin income statements at sales levels of $240.000 and $410,000. (Hint: Une the contribution margin ratio.) 2. Compute breakeven sales in dollars
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