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Olympus Company Sells 1,400 Units Per Month at a Price

Question 69

Essay

Olympus Company sells 1,400 units per month at a price of $28.00 per unit. The variable cost is $22.50 per unit. Fixed costs are $6,900 per month. Please prepare a contribution margin income statement in the format provided here.
\begin{array} { | l | l | } \hline \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad&\quad\quad\quad \\\hline & \\\hline & \\\hline & \\\hline & \\\hline\end{array}

Correct Answer:

verifed

Verified

\[\begin{array} { | l | r | }
\hline \t...

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