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Chapter 2 Problem 6 (Continued from Problem 5) The following information is available for each unit of the finished product produced and sold: Sales

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Chapter 2 Problem 6 (Continued from Problem 5) The following information is available for each unit of the finished product produced and sold: Sales price Variable manufacturing cost Fixed manufacturing cost* Variable marketing and administrative cost Fixed marketing and administrative cost* $60 $20 $12 $6 $4 * The unit fixed manufacturing cost and fixed marketing and administrative costs are based on an estimated volume of 6,000 units produced and sold. Required: Prepare a traditional income statement and contribution margin income statement when 6,000 units are produced and sold.

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