Linda Fashions Product Line Contribution Margin Income Statement For the Year Product lines Men's Women's Accessories 109,000 $ 52,000 $ 98,000 $ 59,000 31,000 88,000 Sales revenue Company Total 259,000 178,000 Less: Variable expenses Contribution margin 50,000 $ 24,000 26,000 $ 21,000 $ 20,000 Less: Fixed expenses 10,000 $ 26,000 (16,000) $ 81,000 70,000 1,000 $ 11,000 Operating income