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Department
Business
Course
BBUS 2541
Professor
Tony Bell
Semester
Winter

Description
728 25 MINUTES1aTraditional income statement I PACIFIC RIM PUBLICATIONSNC INCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31 20XXSales1000000LessCost of goods sold750000Gross margin 250000LessOperating expensesSelling expenses75000Administrative expenses75000 150000Net income 100000bContribution income statement PACIFIC RIM PUBLICATIONS INCINCOME STATEMENTFOR THE YEAR ENDED DECEMBER 31 20XXSales1000000LessVariable expensesVariable manufacturing500000Variable selling50000Variable administrative 15000565000Contribution margin 435000LessFixed expensesFixed manufacturing 250000Fixed selling25000Fixed administrative 60000335000Net income100000margin oncontributi2level sales 1000000atfactor leverage Operatingincomenet 435000435 100000
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