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I did the first half and I got some right arl File Edit View History Bookmarks Window Help ezto.m The following data are from the

I did the first half and I got some right image text in transcribed
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arl File Edit View History Bookmarks Window Help ezto.m The following data are from the accounting records of Niles Castings for year 2: Units produced and sold Total revenues and costs 87,000 Sales revenue Direct materials costs Direct labor costs Variable manufacturing overhead Fixed manufacturing overhead Variable marketing and administrative costs Fixed marketing and administrative costs $300,000 67,000 31,000 13,000 47,000 12,500 32,000 Required: a. Prepare a gross margin income statement Gross Margin Income Statement Sales revenue Fixed manufacturing overhead costs Variable manufacturing costs Gross margin Variable marketing and administrative costs Fixed marketing and administrative costs Operating profit S300,000 (47,000) (12,500) (32,000) b. Prepare a contribution margin income statement Contribution Margin Income Statement

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