accounting

Fletcher Corporation prepared the following income statement for the fourth quarter in 2018. Sales revenue (30,200 units) Less: Costs of goods sold $931,000 587,100 Gross margin Less: Selling & administrative expenses 343.900 184,800 Net income $ 150, 100 Fletcher's annual fixed manufacturing expenses, incurred uniformly each quarter, amount to $834,900; it also pays a sales commission of $3 per unit to its sales personnel. Required: Prepare a contribution margin income statement for the fourth quarter in 2018. (Round "Per unit dollars to 2 decimal places and "Percentages of sales" to 1 decimal place.) FLETCHER CORPORATION Contribution Margin Income Statement For the Fourth Quarter in 2018 Total Per Unit Percentage of Sales 96 Less: Variable costs 96 56 Less: Fixed costs Oslo Company prepared the following contribution format income statement based on a sales volume of 1.000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses $21,800 12,600 Contribution margin Fixed expenses 9,200 7.452 Net operating income $ 1.748 Required: If the variable cost per unit increases by 50.00, spending on advertising increases by $1,400, and unit sales increase by 250 units, what would be the net operating income? (Do not round intermediate calculations.) Net operating income