Question: Mary Smith sells gourmet chocolate chip cookies The results of

Mary Smith sells gourmet chocolate chip cookies. The results of her last month of operations are as follows:

.:.
Required
a. Prepare a contribution format income statement for Mary.
b. If Mary sells her cookies for $1.60 each, how many cookies did she sell during the month?
c. What is the contribution margin per cookie?
d. What is Mary’s contribution margin ratio?


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  • CreatedFebruary 21, 2014
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