H A B 1 XYZ Company, reports the following Total costs at two levels of production D G 2 Beginning Inventory = 0 Units 3 Ending Inventory = 0 Units 4 Selling Price Per Unit $225 5 1000 Units 2000 Units 6 2 Costs: 8 Direct Materials 50000 100000 Maintenance 20000 25000 10 Direct Labor 42500 85000 11 Indirect Material 2500 5000 12 Depreciation 10000 10000 13 Utilities 7500 12500 14 Rent 15000 15000 15 16 Required: 17 18. Prepare Contribution Income Statement for Production level of 4000 Units, Given that Beginning Inventory - Units and Ending Inventory - Sounits Answer 19 Total Percentage 20 Title 21 Sales Revenue A B 1) 11 Indirect Material G 2500 50 12 Depreciation 10000 10000 13 Utilities 7500 12500 14 Rent 15000 15000 15 16 Required: 17 18 Prepare Contribution Income Statement for Production level of 4000 Units, Given that Beginning Inventory Units and Ending Inventory 500 Units 19 Answer 20 Title Total Percentage 21 Sales Revenue 22 23 Total Variable Expenses 24 25 contribution Margin -26 27 Total Fixed Expenses 28 29 Net Operating Income 30 31 32 13