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Direct materials Fixed manufacturing overhead costs Sales price Variable manufacturing overhead Direct labor Fixed marketing and administrative costs Units produced and sold 35 per

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Direct materials Fixed manufacturing overhead costs Sales price Variable manufacturing overhead Direct labor Fixed marketing and administrative costs Units produced and sold 35 per unit 205,000 205 per unit 20 per unit 29 per unit $205,000 5,500 Variable marketing and administrative costs $ 7 per unit Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statemem Complete this question by entering your answers in the tabs below. Required A Required B Prepare a gross margin income statement. Sales revenue Gross Margin Income Statement Gross margin Operating profit Required B Required A Required B B Prepare a contribution margin income statement. Sales revenue Contribution Margin Income Statement Contribution margin Operating profit

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