Inspector Gadgets manufactures and sells a single product. A partially completed schedule of the company's...

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Accounting

Inspector Gadgets manufactures and sells a single product. A partially completed schedule of the company's total and per-unit costs over a relevant range of 110,000 to 150,000 units produced and
sold during a given year is provided:
Read the requirements.
Requirements
a. Complete the schedule for the company's total and unit costs.
b. Assume that the company sells 145,000 units during a year. The selling price
is $16.00 per unit. Prepare an income statement using the contribution margin
format for that year.
Requirement b. Assume that the company sells 145,000 units during a year. The selling price is $16.00 per unit. Prepare an income statement using the contribution margin format for that year.
(Use parentheses or a minus sign to enter a net loss.)
Inspector Gadgets
Contribution Margin Income Statement
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