Question I (20 pts) A British company had the following data (in millions) for...
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Question I pts A British company had the following data in millions for Beginning and ending inventory None Sales $ Direct materials used Direct labor Indirect manufacturing costs: Variable Fixed Variable Manufacturing cost of goods sold Manufacturing cost of goods sold Selling and Administrative expenses Variable Fixed Gross profit Contribution margin Prepare an income statement using and as you do it fill in the blanks where applicable: a the contribution approa 
Question I
pts A British company had the following data in millions for
Beginning and ending inventory
None
Sales
$
Direct materials used
Direct labor
Indirect manufacturing costs:
Variable
Fixed
Variable Manufacturing cost of goods sold
Manufacturing cost of goods sold
Selling and Administrative expenses
Variable
Fixed
Gross profit
Contribution margin
Prepare an income statement using and as you do it fill in the blanks where applicable:
a the contribution approa
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