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budget planning Variable costs : - Direct material : $40 -...

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Accounting

budget planning
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Variable costs : - Direct material : $40 - Direct labor: 60 - MOH:20 - SGA : 30 Fixed costs per month : - MOH 25000 - SG\&A 10000 Sales : 400 units REQUIRED : 1. Prepare a contibution income statement 2. Calculate the total contribution margin 3. Calculate the contribution margin per unit 4. Calculate the contribution margin ratio

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