Question: Digital Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250

Digital Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while fixed selling and administrative costs total $2,500. Digital cellular sold 125 units in the month of August.

Create a total contribution margin income statement and a per unit contribution margin statement for the month of August.

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