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Business, 13.02.2020 04:13 mattotto1758

Arcker Manufacturing's cost accountant has provided you with the following information for January operations. Direct materials$21per unit Fixed manufacturing overhead costs$135,000 Sales price$79per unit Variable manufacturing overhead$12per unit Direct labor$24per unit Fixed marketing and administrative costs$117,000 Units produced and sold 30,000 Variable marketing and administrative costs$5per unit Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement.

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