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A Corporation produces and sells a single product. In April, the company sold 9,700 units. Its total sales were $543,200, its total variable expenses were $329,800, and its total fixed expenses were $182,200.
Required:
Question a. Construct the company's contribution format income statement for April in good form.
Question b. Redo the company's contribution format income statement assuming that the company sells 10,100 units.
Duchamp Company's contribution format income statement for the most recent month is given below:
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