Contribution Margin Review the contribution margini income statements for Cover-to-Cover Company and Bio Fles Company on their respective Income Statements Complete the following table from the data provided on the recome statements. Each company sold 75,800 units doring the year Cover-to Cover Biblio Files Company Company Contribution maron percent) Unit contribution and Break even sales (units) Break-even sales (Gollars) Income Statement - Cover to Cover Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Sales $379,000 Variable costs: Manufacturing expense $227,400 Selling expense 18.950 Administrative expense 56.850 (303,200) Contribution margin $75,800 Fixed costs: Manufacturing expense $5,000 Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Sales $379,000 Variable costs: Manufacturing expense $227,400 Selling expense 18,950 Administrative expense 56,850 (303,200) Contribution margin $75,800 Fixed costs: Manufacturing expense $5,000 Selling expense 4,000 Administrative expense 9,950 (18,950) Operating income $56,850 Biblio Files Company Contribution Margin Income Statement For the Year Ended December 31, 2018 Sales $379,000 Variable costs: Manufacturing expense $151,600 Selling expense 15,160 Administrative expense 60,640 (227,400) Contribution margin $151,600 Fixed costs: $76,750 Manufacturing expense Selling expense Administrative expense 8,000 10,000 (94,750) Operating income $56,850