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Current Attempt in Progress Bramble Window Cleaners' monthly income statement at several levels of activity is as follows: Windows washed 2,000 4,300 7,900 Sales
Current Attempt in Progress Bramble Window Cleaners' monthly income statement at several levels of activity is as follows: Windows washed 2,000 4,300 7,900 Sales revenue $ 3,000 $ 6,450 $ 11,850 Cost of goods sold 1,200 2,580 4,740 Gross profit 1,800 3,870 7,110 Operating expenses Advertising expense 400 400 400 Salaries and wages expense 700 930 1,290 Insurance expense 200 200 200 Postage expense 400 860 1,580 Total operating expense 1,700 2,390 3,470 Operating income $ 100 $1,480 $ 3,640 (a) Identify each expense as fixed, variable, or mixed. Cost of goods sold Advertising expense Salaries and Wages expense Insurance expense Postage expense (b) Prepare a contribution margin income statement based on a volume of 7,100 windows. (Round unit cost to 2 decimal places, e.g. 52.75 and all other answers to O decimal places, e.g. 5,275.) eTextbook and Media $ $ 7,100 windows $ $ Per Unit
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