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Prepare an income statement in the variable costing format, indicating the projected annual income from operations if Proposal 3 is accepted. The expenditure of $43,200 for the rental of additional warehouse space can be added to the fixed operating expenses. Enter all amounts as positive numbers. Extreme Camping Company Contribution Margin"Proposal 3 Size S Size L Total SalesVariable cost of goods soldManufacturing marginVariable operating expensesContribution marginFixed costs:Manufacturing costsOperating expensesTotal fixed costsIncome from operations
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