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33 Straightforward Absorption and Contribution Statement Anzola Company had the following data (in millions) for a recent period. Fill in the blanks. There were

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33 Straightforward Absorption and Contribution Statement Anzola Company had the following data (in millions) for a recent period. Fill in the blanks. There were no beginning or ending inventories. Sales b. Direct materials used c. Direct labor d. e. Indirect manufacturing costs: Variable Fixed f. Variable manufacturing cost of goods sold Manufacturing cost of goods sold Selling and administrative expenses: h. Variable i. Fixed j. Gross profit k. Contribution margin $920 350 210 100 50 90 80 34 Absorption Statement Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period. Assume there are no inventories. Fill in the blanks. Sales Direct materials Direct labor Indirect manufacturing Manufacturing cost of goods sold Gross margin Selling and administrative expenses Operating income Prime cost (direct materials + direct labor) ZAR 355 745 135 30 575

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