Question: Qs 1. From the following create a contribution margin income statement when sales increase by 5%. (5) Sales 38,000 Variable Costs 20,900 Contribution Margin 17,100

Qs 1. From the following create a contribution margin income statement when sales increase by 5%.

(5)

Sales

38,000

Variable Costs

20,900

Contribution Margin

17,100

Fixed Costs

13,000

Operating Income

4,100

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