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Income Statements Company Name Benson Baird Number of customers (a) 87 87 Sales revenue (a * $240) $ 20,880 $ 20,880 Variable cost (a x
Income Statements Company Name Benson Baird Number of customers (a) 87 87 Sales revenue (a * $240) $ 20,880 $ 20,880 Variable cost (a x $185) N/A (16,095) Variable cost (a * $0) N/A Contribution margin 20,880 4,785 Fixed cost (16,095) Net income $ 4,785 $ 4,785 Required a. Reconstruct Benson's income statement, assuming that it serves 174 customers when it lures 87 customers away from Baird by lowering the sales price to $140 per customer. b. Reconstruct Baird's income statement, assuming that it serves 174 customers when it lures 87 customers away from Benson by lowering the sales price to $140 per customer. Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Benson's income statement, assuming that it serves 174 customers when it lures 87 customers away from Baird by lowering the sales price to $140 per customer. BENSON COMPANY Income Statement Sales revenue Variable cost Contribution margin Fixed cost Mot incomo lloc $ 0 Required A Required B Reconstruct Baird's income statement, assuming that it serves 174 customers when it lures 87 customers away from Benson by lowering the sales price to $140 per customer. BAIRD COMPANY Income Statement Sales revenue Variable cost Contribution margin Fixed cost Net income (loss)
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