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yosie yosie
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A year ago

Wippert Corporation, a merchandising company, reported the following results for December:

Sales$ 2,296,200
Cost of goods sold (all variable)$ 997,600
Total variable selling expense$ 86,000
Total fixed selling expense$ 57,100
Total variable administrative expense$ 43,000
Total fixed administrative expense$ 148,100


Required:

a. Prepare a traditional format income statement for December.

b. Prepare a contribution format income statement for December.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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lucypierce86lucypierce86
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A year ago
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