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Home Q & A Board Other Fields Homework Help Business Accounting
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ceymorebucks24 ceymorebucks24
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A year ago
Mega Bright Window Cleaners' monthly income statement at several levels of activity is as follows:

Windows washed2,0004,0006,000
Sales revenue$3,000$6,000$9,000
Cost of goods sold 1,200 2,400 3,600
Gross profit 1,800 3,600 5,400
Operating expenses​​​
 Advertising expense500500500
 Salaries and wages expense7009001,100
 Insurance expense200200200
 Postage expense     500  1,000  1,500
Total operating expenses  1,900  2,600  3,300
Operating income$ (100)$1,000$2,100

Required:

a.Identify each expense as fixed, variable, or mixed.
b.Prepare a contribution margin income statement based on a volume of 5,000
windows.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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tswinson3tswinson3
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A year ago
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ceymorebucks24 Author
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A year ago
Good timing, thanks!
larrybrads
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Yesterday
Thanks
sadiewolf
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2 hours ago
Correct Slight Smile TY
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