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E5-18(Algo) Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5] ...

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Accounting

E5-18(Algo) Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5]
Riverside Incorporated makes one model of wooden canoe. Partial information for it follows:
\table[[Number of Canoes Produced and Sold,500,700,850],[Total costs,$90,000,$126,000,$153,000
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