Ryatt Company is a merchandising firm. For the month of April, the company expects to...
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Ryatt Company is a merchandising firm. For the month of April, the company expects to sell 700 units. The following data is for the month. Selling price per unit Sales commission $60 4% of total sales Purchase price (cost) per unit. Depreciation expense $25 $1,500 Administrative expense. $6,000 Required: Prepare a contribution format income statement, in good form, for the month ended April 30, 2022
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