Prepare a contribution margin income statement

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Reference no: EM131562390

Question - Prepare a contribution margin income statement for X-Ray Manufacturing using the following information:

Sales

$4,382,031

Selling expenses

364,918

Direct labor

449,811

Income tax

242,144

Direct materials

645,920

Administrative expenses

476,191

Variable overhead

254,875

Interest expense

125,827

Fixed overhead

1,372,649

Reference no: EM131562390

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