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Zhao Company has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The company reports

image text in transcribed Zhao Company has fixed costs of $354,000. Its single product sells for $175 per unit, and variable costs are $116 per unit. The company reports sales of 10,000 units. Prepare a contribution margin income statement for the year ended December 31

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