Question: 520-5 Preparing a contribution margin income statement Gabelman Company sells a product for $95 per unit. Variable costs are $40 per unit, and fixed costs

 520-5 Preparing a contribution margin income statement Gabelman Company sells a

520-5 Preparing a contribution margin income statement Gabelman Company sells a product for $95 per unit. Variable costs are $40 per unit, and fixed costs are $2,200 per month. The company expects to sell 570 units in Septem- ber. Prepare an income statement for September using the contribution margin format

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