The Trister company uses variable costing. There are no beginning or ending inventories You are...
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Accounting
The Trister company uses variable costing. There are no beginning or ending inventories You are provided with the following data for the year end December 31, 2010:
Sales $800,000
Direct Materials $360,000
Direct Labour $200,000
Variable Indirect Manufacturing Costs $35,000
Fixed Selling and Admin Expenses $75,000
Requirement:
1. Prepare a contribution income statement in good form.
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