Compute the missing amounts in the contribution margin income statement shown below. (Round Per Unit answers...
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Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B Number of units sold 2,475 Total Per unit Total Per unit Sales $ 546,000 $ 105.00 Variable costs 348,400 148,500 Contribution margin 202,950 Fixed costs 74,250 Net income $ 127,400 Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B Number of units sold 2,475 Total Per unit Total Per unit Sales $ 546,000 $ 105.00 Variable costs 348,400 148,500 Contribution margin 202,950 Fixed costs 74,250 Net income $ 127,400
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working notes Company B Company A 546000 105 5200 total No of units s... View the full answer
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Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078025778
17th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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