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Statementshowing Computations | ||
Paticulars | Amount | Amount |
Sales revenues | 56,632.00 | |
Variable costs: | ||
Variable cost of goods sold =28,967*100% | 28,967.00 | |
Variable selling expenses =8905*20% | 1,781.00 | |
Variable admin expenses = 12800*60% | 7,680.00 | |
Total variable costs | 38,428.00 | |
Contribution | 18,204.00 | |
Fixed cost of goods sold | - | |
Fixed selling expenses=8905*80% | 7,124.00 | |
Fixed admin expenses =12800*40% | 5,120.00 | |
Total Fixed costs | 12,244.00 | |
Operating income | 5,960.00 |
Sales revenue Cost of goods sold (all variable) Gross margin Selling expenses (20% variable) Administrative expenses...
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