10 1 Tab 9 2 Traditional & CM Income Statements 3 Given: 4 Total Sales revenue 150,000 5 Selling price per ski 750 How many skis did we sell? 6 Variable selling expense per ski 50 7 Variable admin expense per ski 8 Total fixed selling expense 20,000 9 Total fixed admin expense 20,000 10 Merchandise inventory, beg bal 30,000 11 Merchandise inventory, end bal 40,000 12 Merchandise purchases 100,000 13 14 Prepare a traditional income statement and a contribution margin income statement. 15 16 17 18 19 20 21