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In July, Meers Corporation sold 3,700 units of its only product. Its total sales were $107,300, its ...

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In July, Meers Corporation sold 3,700 units of its only product. Its total sales were $107,300, its ...

In July, Meers Corporation sold 3,700 units of its only product. Its total sales were $107,300, its total variable expenses were $66,600, and its total fixed expenses were $34,800.

Required:

a. Construct the company's contribution format income statement for July.

b. Redo the company's contribution format income statement assuming that the company sells 3,400 units.

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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