Traditional format Amount in $
Sales (6000 * $800) 48,00,000
Less:
Cost of Goods Sold (6000 * $500) 30,00,000
Gross margin/Gross Profit 18,00,000 -
(a)
Less:
Selling expenses - variable (6000 * $100) 6,00,000
Selling expenses - fixed 50,000
Administrative expenses - variable (6000 * $150) 9,00,000
Administrative expenses - fixed 2,00,000
Net operating income 50,000 - (b)
Contribution format Amount in $
Sales (6000 * $800) 48,00,000
Less:
Variable Cost of Goods Sold (6000 * $500) 30,00,000
Gross contribution margin 18,00,000
Less:
Selling expenses - variable (6000 * $100) 6,00,000
Administrative expenses - variable (6000 * $150) 9,00,000
Contribution margin 3,00,000 - (c)
Less:
Selling expenses - fixed 50,000
Administrative expenses - fixed 2,00,000
Net operating income 50,000 - (d)
Answers to the question
a) $18,00,000
b) $50,000
c) $ 3,00,000
d) $ 50,000
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