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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 Variable marketing

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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 Variable marketing and administrative costs Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement. $ $ AA Ann $ 36 per unit $ 230,000 205 per unit $ 21 per unit 33 per unit $ 200,000 $ 5,500 $ 7 per unit Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a gross margin income statement. Gross Margin Income Statement Sales revenue $ 1,127,500 Variable manufacturing costs 495,000 Fixed manufacturing overhead costs 230,000 Gross margin Variable marketing and administrative costs Fixed marketing and administrative costs Operating profit 38,500 200,000

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