marcedezebrown7071 marcedezebrown7071
  • 30-05-2023
  • Business
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.China Imports Inc. sold 12,000 units in May. Per unit selling price and variable expense were $27 and $19, respectively. Fixed expense incurred for May totaled $64,000.

Required:

Prepare the May income statement for China Imports in the contribution margin format.

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