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Cambridge Company reports the following information for June: (Click the icon to view the amounts.) Calculate the contribution margin and operating income for June using

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Cambridge Company reports the following information for June: (Click the icon to view the amounts.) Calculate the contribution margin and operating income for June using variable costing. Begin by selecting the labels and entering the amounts to compute the contribution margin. Then, select the labels and enter the amounts to compute the operating income. Variable Costing Data Table Contribution Margin $ Net Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 770,000 205,000 186,000 150,000 87,000 Operating Income Print Done

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