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Complete each of the following contribution format income statements by supplying the missing amounts. CraneCo. Cullumber, Inc. Sales revenue $enter a dollar amount $47,000 Variable
Complete each of the following contribution format income statements by supplying the missing amounts.
CraneCo. | Cullumber, Inc. | |||
---|---|---|---|---|
Sales revenue | $enter a dollar amount | $47,000 | ||
Variable costs | 23,000 | enter a dollar amount | ||
Contribution margin | 11,000 | 26,000 | ||
Fixed costs | enter a dollar amount | 14,000 | ||
Operating income | 4,000 | enter a dollar amount | ||
Income taxes | enter a dollar amount | 6,000 | ||
Operating income | $3,000 | $enter a dollar amount |
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