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How to Prepare a Contribution Margin Income Statement

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Reference no: EM132530823

Question - Brandon Manufacturing provides the data below relating to its single product for 2020:

Selling price per unit $20

Annual fixed costs $280,800

Variable costs per unit $14

Annual sales volume expected in 2020: 52,000 units

Required - How to Prepare a Contribution Margin Income Statement for the expected sales in 2020.

Reference no: EM132530823

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