Larcker Manufacturing's cost accountant has provided you with the following information for January operations.

Direct materials	$	32	per unit
Fixed manufacturing overhead costs	$	220,000
Sales price	$	190	per unit
Variable manufacturing overhead	$	19	per unit
Direct labor	$	34	per unit
Fixed marketing and administrative costs	$	190,000
Units produced and sold	$	5,500
Variable marketing and administrative costs	$	8	per unit

Required:

a. Prepare a gross margin income statement.

b. Prepare a contribution margin income statement.

Prepare a gross margin income statement.

Gross Margin Income Statement

Prepare a contribution margin income statement.

Contribution Margin Income Statement