Chester Company has divided its business into segments based on sales territories: East Coast, Midland,...

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Accounting

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Chester Company has divided its business into segments based on sales territories: East Coast, Midland, and West Const Following are financiat data for 2024: (Click the icon to view the financial data.) Prepare an income statement for Chester Company for 2024 using the contribution margin format assuming total fixed costs for the company were $430,000. Include columns for each business segment and a column for the total company. Begin by preparing the contribution margin income statement for each segment, then for the total of the company. Data table

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