Homework Answers
| Contribution Margin Income Statement | |
| Sales ( 200,000 x 40) | 8,000,000 |
| Variable costs: | |
| Variable manufacturing cost ( 200,000 x 20) | -4,000,000 |
| Variable selling and administrative expense ( 200,000 x 10) | -2,000,000 |
| Contribution Margin | $2,000,000 |
| Fixed Costs: | |
| Fixed manufacturing cost | -600,000 |
| Fixed selling and administrative cost | -400,000 |
| Net Operating Income | $1,000,000 |
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