CONTRIBUTION MARGIN

COST OF GOODS SOLD

FIED EPENSES

FIED MANUFACTURING OVERHEAD

FIED OPERATING EPENSES

GROSS PROFIT

OPERATING EPENSES

OPERATING INCOME

SALES REVENUE

VARIABLE COST OF GOODS SOLD

VARIABLE EPENSES

VARIABLE OPERATING EPENSES

O'Brien's Products manufactures a single product. Cost, sales, and production information for the company and its single product is as follows: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare an income statement for the upcoming year using variable costing. O'Brien's Products Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Less: Less: Requirement 2. Prepare an income statement for the upcoming year using absorption costing. O'Brien's Products Income Stnt (Absorption Costing) For the Year Ended December 31 Less: Less: Choose from any list or enter any number in the input fields and then continue to the next