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Business, 26.03.2020 01:51 penacesar18p9jrdh

New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $9 per unit. However, fixed expenses would increase to a total of $225,000 each month.

Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased.

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