The controller at Wesson Company's manufacturing plant has provided you with the following information for the...
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The controller at Wesson Company's manufacturing plant has provided you with the following information for the first quarter's operations: Direct materials Fixed manufacturing overhead costs Sales price Variable manufacturing overhead Direct labor Fixed marketing and administrative costs Units produced and sold during the quarter Variable marketing and administrative costs Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement. Required A Required B Prepare a gross margin income statement. Gross Margin Income Statement $ 107 per unit $ 2,450,000 < Required A $ 435 per unit $ 48 per unit $ 65 per unit Complete this question by entering your answers in the tabs below. $ 281,000 45,000 $ 4 per unit Required B > The controller at Wesson Company's manufacturing plant has provided you with the following information for the first quarter's operations: Direct materials Fixed manufacturing overhead costs Sales price Variable manufacturing overhead Direct labor Fixed marketing and administrative costs Units produced and sold during the quarter Variable marketing and administrative costs Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement. Required A Required B Prepare a gross margin income statement. Gross Margin Income Statement $ 107 per unit $ 2,450,000 < Required A $ 435 per unit $ 48 per unit $ 65 per unit Complete this question by entering your answers in the tabs below. $ 281,000 45,000 $ 4 per unit Required B >
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