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Author Question: During the past year, Pettay Enterprises had the following fixed costs:Fixed manufacturing costs ... (Read 109 times)

amal

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on: Jan 5, 2020
During the past year, Pettay Enterprises had the following fixed costs:

Fixed manufacturing costs $112,000
Fixed marketing costs $43,000
Fixed administrative costs $18,000

The company also had the following variable costs:

Variable manufacturing costs $142,000
Variable marketing costs $37,000
Variable administrative costs $28,000

During the year, the company produced and sold 60,000 units of the product at a selling price of $7.00 per unit.  The company had no inventory at the beginning of the year.

Required:  Prepare a contribution margin income statement for the year.
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by amal on Jan 5, 2020

Kaytorgator

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amal

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Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it

jamesnevil303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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