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Exercise 2-14 Complete each of the following contribution format income statements by supplying the missing numbers. a. b. C. d. Sales revenue Variable expenses Contribution
Exercise 2-14 Complete each of the following contribution format income statements by supplying the missing numbers. a. b. C. d. Sales revenue Variable expenses Contribution margin Fixed expenses Operating income Income taxes $535,204 s $635,992 242,148 107,312 141,356 177,496 498,616 99,376 135,172 18,924 23,436 23,938 60,958 Net income $13,247 $71,814 $182,874 Exercise 2-15 The Robinson Company sells sports decals that can be personalized with a player's name, team name, and jersey number for $5.00 each. Robinson buys the decals from a supplier for $1.50 each and spends an additional $0.40 in variable operating costs per decal. The results of last month's operations are as follows: $11,350 Sales revenue Cost of goods sold Gross profit Operating costs Operating income 7,945 2.533 5412 Prepare a contribution format income statement for the Robinson Company. (Round per unit values th 2 decimal places, e.g. S2.75& final answers to 0 decimal places, S,725.) Per Unit
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