Prepare a contribution margin income statement for a month
Loeffel Company sells desks for $550 each. The variable cost per desk is $375. The company's monthly fixed costs are $75,000. Prepare a contribution margin income statement for a month in which the company sells 550 desks.
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loeffel company sells desks for 550 each the variable cost per desk is 375 the companys monthly fixed costs are 75000
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