Assume sales revenue of $53,000, variable costs of $24,000, and fixed costs of $27,000. Prepare a...

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Assume sales revenue of $53,000, variable costs of $24,000, and fixed costs of $27,000. Prepare a contribution format income statement. Variable Costs Depreciation Expense Operating Income Fixed Costs Revenue Instructor Salaries Expense Management Salary Expense Rent Expense Contribution Margin SA $ Assume sales revenue of $53,000, variable costs of $24,000, and fixed costs of $27,000. Prepare a contribution format income statement. Variable Costs Depreciation Expense Operating Income Fixed Costs Revenue Instructor Salaries Expense Management Salary Expense Rent Expense Contribution Margin SA $

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