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Juicy Beauty Operating Income Statement, June 2017 Units sold 20,000 Revenues 200,000 Cost of goods sold Variable manufacturing costs Fixed manufacturing costs 110,000 40,000 Total
Juicy Beauty Operating Income Statement, June 2017 Units sold 20,000 Revenues 200,000 Cost of goods sold Variable manufacturing costs Fixed manufacturing costs 110,000 40,000 Total cost of goods sold 150,000 Gross margin 50,000 Operating costs Variable marketing costs 10,000 20,000 Fixed marketing & admin costs Total operating costs 30,000 20,000 Operating income 1. Recast the income statement to emphasize contribution margin. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Juicy Cosmetics Operating Income Statement, June 2017 Units sold 20,000 Variable costs Fixed costs Operating income 2. Calculate the contribution margin percentage and breakeven point in units and revenues for June 2017. (Always use cell references and formulas where appropriate to receive full credit. Use cell references from the income statement, in requirement 1, if applicable. If you copy/paste from the Instruction tab you will be marked wrong.) Contribution margin percentage Breakeven in units units Breakeven in revenues
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