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Jgal Jgal
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A year ago
Restate the following income statement for a merchandising company in contribution format.

Sales ($10 per unit)$5,000
Less cost of goods sold ($6 per unit) 3,000
Gross margin2,000
Less operating expenses
  Commissions ($0.60 per unit)$300
  Salaries  800 1,100
Operating Income$  900
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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clarkh7839clarkh7839
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A year ago
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Jgal Author
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Smart ... Thanks!
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Thank you, thank you, thank you!
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Correct Slight Smile TY
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