Homework Answers
Answer
| Income statement | |
| Sales | $ 3,245 |
| Less: variable Cost | $ 1,062 |
| Contribution Margin | $ 2,183 |
| Less: Fixed Cost | $ 1,100 |
| Net Operating Income | $ 1,083 |
Calculations:
| Income statement | |
| Sales | =590 units * $ 5.5 |
| Less: variable Cost | =590 units * $ 1.8 |
In case of any doubt, please comment.
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