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Contribution Income Statement and Cost-Volume-Profit Graph
\table[[Variable Costs per Unit,Fixed Costs per Month,],[Manufacturing:,,,Manufacturing overhead,$40,000],[Direct materials,$10,,Selling and administrative,20,000],[Direct labor,2,,Total,$60,000],[Manufacturing overhead,5,$17,,],[Selling and administrative,,5,,],[Total,,$22,,]]
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Prepare a contribution income statement for July.
Do not use any negative signs with your answers.
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