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5 0 . The following is a Pro Forma Income Statement for Home Office Systems. Using the Pro Forma answer, the questions below. Question: What

50.The following is a Pro Forma Income Statement for Home Office Systems. Using the Pro Forma answer, the questions below.
Question: What should be the label for the line currently called Blank B?
Sales $20,000,000
Cost of Goods Sold $10,000,000
Blank A $10,000,000
Marketing Expenses:
Sales Expenses $6,000,000
Advertising Expenses $1,400,000
Freight Expenses $1,600,000
General and Administrate Expenses:
XXXXXXXXX $300,000
Manufacturing Overhead $600,000
Staff Salaries and Benefits $250,000
Blank B ($150,000)
Group of answer choices
Administrative Overhead
Net profit before (income) tax)
Gross Margin
Net sales after taxes
Contribution Margin

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