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Contribution Margin Income Statement (Multi-Product Company): Prepare a contribution margin income statement for a company that sells three products, A, B, and C, with the

Contribution Margin Income Statement (Multi-Product Company): Prepare a contribution margin income statement for a company that sells three products, A, B, and C, with the following information:

  • Product A: Sales Revenue = $20,000, Variable Costs = $8,000
  • Product B: Sales Revenue = $30,000, Variable Costs = $15,000
  • Product C: Sales Revenue = $15,000, Variable Costs = $6,000
  • Total Fixed Costs = $25,000

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