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For its top managers, Worldwide Travel formats its income statement as follows: (Click the icon to view the income statement.) Worldwide's relevant range is between sales of $253,000 and $368,000. Read the requirements. . Select the labels and enter the amounts to calculate the contribution margin ratio. (Enter the contribution margin ratio as a whole percentage, X%.) = Contribution margin ratio % Requirement 2. Prepare two contribution margin income statements: one at the $253,000 sales level and one at the $368,000 sales level. (Hint: The proportion of each sales dollar that goes toward variab First prepare the contribution margin income statement at the $253,000 sales level. - X Data Table Worldwide Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Worldwide Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue $ 316,500 136,095 Variable Costs Contribution Margin 180,405 173,000 Fixed Costs $ 7,405 Operating Income Operating Income (Loss) Now prepare the contribution margin income statement at the $368,000 sales level. Worldwide Travel Contribution Margin Income Statement Three Months Ended March 31, 2024 Net Sales Revenue Print Done Variable Costs Contribution Margin Fixed Costs Operating Income (Loss)

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