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Home Q & A Board Other Fields Homework Help Business Accounting
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hungry22 hungry22
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A year ago
Restate the following income statement for a retail company in contribution margin format.

Sales ($20 per unit)​$14,000
Less cost of goods sold ($14 per unit)​  9,800
Gross margin​4,200
Less Operating costs:​​
  Salaries$2,100​
  Advertising200​
  Rent1,000​
  Delivery charges ($0.20 per unit)  1  40  3,440
Operating Income​$   760
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Managerial Accounting

Managerial Accounting


Edition: 4th
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gronk44gronk44
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A year ago
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hungry22 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
zsc999
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Yesterday
This helped my grade so much Perfect
vanna2014
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2 hours ago
Good timing, thanks!
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