Question: Prepare a contribution format income statement for Tyler Corporation during August, 2017 based on the following information: Sales per period 1,000 units Selling price $80

Prepare a contribution format income statement for Tyler Corporation during August, 2017 based on the following information:

Sales per period 1,000 units

Selling price $80 per unit

Production expenses $20 per unit + $15,000

Selling expenses $12,000 + 5 percent of sales

Administration expenses $18,000

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