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What gross margin would appear on a traditional income

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Reference no: EM132996356

Wesley's contribution margin income statement is as follows:

Sales (10,000 units)$150,000

Less variable COGS - 40,000

Less variable selling cost - 8,000

Contribution margin $102,000

Less fixed COGS - 18,000

Less fixed selling cost - 6,000

Net income $ 78,000

Problem 1: What GROSS MARGIN would appear on a TRADITIONAL income statement?

Reference no: EM132996356

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