19.66

The CVP income statement classifies costs as variable or fixed and computes gross profit. as variable or fixed and computes contribution margin. by function and computes a gross profit. by function and computes a contribution margin. If contribution margin is $110000, sales revenue is $440000, and net income is $90000, then variable and fixed expenses are Variable Fixed $330000$20000 $20000$330000 $90000$350000 $550000$350000