A company produces 90 cars with vc of 9000 per vehicle and

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A company produces 90 cars with VC of $9,000 per vehicle and $200,000 in fixed costs. Let's also assume the cars selling price is set at $12,000. Questions: what would net income be if the company sells all 90 cars in the same year using the TRADITIONAL income statement? What would net income be using the CONTRIBUTION margin approach?

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