1. Assuming sales of $30,000,000, construct a budgeted contribution format income statement for… 1 answer below »

 
   

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1. Assuming sales of $30,000,000, construct a budgeted contribution format income statement for the upcoming year for each of the following alternatives:

a.The independent sales agents’ commission rate remains unchanged at 18%.

b.The independent sales agents’ commission rate increases to 20%.

c.The company employs its own sales force.