Question
Colen Corporation produces and sells a single product. In October, the company sold 1,700 units. Its total sales were $153,000, its total variable expenses were
Colen Corporation produces and sells a single product. In October, the company sold 1,700 units. Its total sales were $153,000, its total variable expenses were $79,900, and its total fixed expenses were $56,800. |
Required: | |
a. | Construct the company's contribution format income statement for October. (Do not round intermediate calculations. Omit the "$" sign in your response.) |
Net operating income | $______ |
b. | Redo the company's contribution format income statement assuming that the company sells 1,600 units. (Do not round intermediate calculations. Omit the "$" sign in your response.) |
Net operating income | $_____ |
please show work
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