Following is Hartzberg's latest income statement. The company produced and sold 101,800 units during the year.

Sales (101,800 units at $55)				$5,599,000
Cost of goods sold:
Direct material		$1,512,000
Direct labor		935,000
Variable manufacturing overhead		289,000
Fixed manufacturing overhead		1,379,000
Total cost of goods sold				4,115,000
Gross profit				1,484,000
Selling expenses:
Variable		204,000
Fixed		680,000
Total selling expenses				884,000
Operating income				$600,000

Restate the income statement in contribution margin format, as if Hartzburg had used a variable costing system to report income. (Round per unit answers to 2 decimal places, e.g. 15.25.)

Following is Hartzberg's latest income statement. The company produced and sold 101,800 units during the year. Restate the income statement in contribution margin format, as if Hartzburg had used a variable costing system to report income. (Round per unit answers to 2 decimal places, e.g. 15.25.)