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The following is the income statement from Ajax Corporation, a merchandising firm.  You learn that.

The following is the income statement from Ajax Corporation, a merchandising firm.  You learn that $18,000 in transport in represents fixed costs, and Ajax pays its sales persons a commission of 6%. That is, a person selling $1,000 worth of items would earn a commission of $60. Required: Prepare an income statement in the contribution marginformat.

Apr 18 2020 Read more Less More

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