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Contribution income statement Top Disc manufactures flying disks. The following information is available for the year, the company's first year in business when it produced
Contribution income statement
Top Disc manufactures flying disks. The following information is available for the year, the company's first year in business when it produced units.
Revenue of $ was generated by the sale of flying disks.
a What is the total contribution margin per unit?
Note: Enter the answer in dollars and cents, rounded to the nearest penny.
$
b What is the contribution margin ratio?
Note: Enter per unit amounts not total amounts in the table below.
c Prepare a contribution income statement.
Note: Do not use a negative sign with any of your answers below.
Contribution Margin Income Statement
For the Year
Less variable costs
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