Question: 4 What is the Contribution Margin (CM) in total and per unit dollars, and CM% for the sale of 1,800 units? Label each calculation

4 What is the Contribution Margin (CM) in total and per unit dollars, and CM% for the sale of 1,800 units? Label each calculation so that it is clear to the reader what is being shown. These numbers should be linked to Q1. 5. Prepare a traditional Income Statement assuming a volume of 1,800 units. For the cost of goods sold, please use the per unit cost you calculated in #2. You do not have to prepare any additional schedules. I would use a similar format to exhibit 16-8 on page 737 or from your lecture notes. I recommend that you list out all operating expenses (period costs) identified in Q1. Do not use just Selling and General/Administrative Expenses for your categories. Points will be lost by not listing out all period costs. You can ignore interest and income tax expense. These numbers should be linked to Q1.
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