Question

* E3-36 (similar to) Question Help presents the only operating income statement shown here to George Gomez, a potential investor in the business. Help Mr. G Die Beauty mandatures and ses a face cream to small specially wores in the greater Los Angeles are understand Diva Beauty's cost structure Click the icon to view the operating income statement Read the rements © Data Table Requirement 1. Recast the income walement to emphasire contribution margin Diva Cosmetics Operating Income Statement, June 2017 Diva Beauty Operating Income Statement June 2017 Units solt $ 120,000 Variable manufacturing costs Fbad manufacturing costs Variable costs Variable manualung costs Variable marketing costs Total variable costs Contribution margin Faxed costs Faxed manufacturing costs Opening costs Variable mating costs $ 17,000 18.000 Fond marketing and administration cos Faed marketing and administrative costs Total operating costs To faced cow $ 10.00 Operating income

Need help with requirement 4

Answer 1

Contribution margin 8,500*$4.8	$40,800
Less: Fixed costs	(37,920)
Operating income	2,880
Less: Tax expense@30%	(864)
Net income	$2,016