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Fixed costs: Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs: Manufacturing $115,000 Marketing 30,000 Administrative...

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Accounting

Fixed costs: Manufacturing $125,000 Marketing 23,000 Administrative 21,000 Variable costs: Manufacturing $115,000 Marketing 30,000 Administrative 43,000 During the year, the company produced 30,000 units and sold 27,000 units of product at a selling price of $15.00 per unit. There was no beginning inventory of product at the beginning of the year. Using a Contribution Approach Income Statement, prepare an income statement for the year in good form

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