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The Trister company uses variable costing. There are no beginning or ending inventories You are...

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Accounting

The Trister company uses variable costing. There are no beginning or ending inventories You are provided with the following data for the year end December 31, 2010:

Sales $800,000

Direct Materials $360,000

Direct Labour $200,000

Variable Indirect Manufacturing Costs $35,000

Fixed Selling and Admin Expenses $75,000

Requirement:

1. Prepare a contribution income statement in good form.

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