Mutrah Corporation, a merchandising company, reported the following results for September:...
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Mutrah Corporation, a merchandising company, reported the following results for September: Sales 2 088 800 Cost of goods sold (all variable) 896 000 Total variable selling expense 129 400 Total fixed selling expense 52 700 Total variable administrative 81200 expense Total fixed administrative expense 144 700 Required: a. Prepare a traditional format income statement for September. b. Prepare a contribution format income statement for September. 2 A B I E E II % 22
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