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Prepare contribution margin income statement

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Reference no: EM132826095

Problem 1: Corke's Dog Bowl Co makes dog bowls that sell for $9.00 each. Fixed costs total $12,000 and variable costs are $5 per bowl. Prepare contribution margin income statement (in good form) for 20xx:

a. Sales of 2,000 bowls

b. Sales of 5,000 bowls

c. Break-even sales

Reference no: EM132826095

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