Question: Dropdown Options: Contribution margin Gross profit Less: ending inventory Selling expense Overhead cost Variable selling expense Variable and Absorption Costing-Service Company Lawn RX, Inc. prepures
Dropdown Options:
Contribution margin
Gross profit
Less: ending inventory
Selling expense
Overhead cost
Variable selling expense

Variable and Absorption Costing-Service Company Lawn RX, Inc. prepures a variable costing income statement for internal management and an absorption costing income statemerk for its bank tawn RXX provides a quarterty lawn care service chat is sold for \$175. The variable and fixed cost data are as follow: During 2016, 10,000 service contracts were signed and 9,500 service contracts were completed. Lawn RX had no service contracts at the beginning of the year, a. Calculate reported income for management. Do notuse negatve signs with any answers. b. Calculate reported income for the bank. Do not use negative signs with any answers
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