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Prepare a contribution margin income statement for iii-Ray Manufacturing using the following information: Sales $4,332,131

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Prepare a contribution margin income statement for iii-Ray Manufacturing using the following
information: Sales $4,332,131
SeLling expenses 364.913
Direct Labor 449,311
Income tax 141.144
Direct materials 645.910 Administrative expenses 4?E.191 1|.I’arialziLe overhead 15 4.5?5
Interest expense 125.31? Fixed overhead 1,3?2.Er49

 
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