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Contribution Income Statement and Cost - Volume - Profit Graph Picnic Time produces a picnic basket that is sold for $ 1 0 0 per

Contribution Income Statement and Cost-Volume-Profit Graph
Picnic Time produces a picnic basket that is sold for $100 per unit. Assume the company produced and sold 4,000 baskets during July. There were no beginning or ending inventories. Variable and fixed costs follow.
\table[[Varlable Costs per Unit,,Fixed Costs per Month],[\table[[Manufacturing:],[Direct materials.],[Direct labor .],[Manufacturing overhead]],\table[[,$45,\table[[Manufacturing overhead.],[Selling and administrative.],[Total]],\table[[\table[[$36,000
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