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Maximian Appliances Ltd. manufactures and sells kitchen appliances. The most recent m shown bekow onthily contsibation margin statement for the enire company is Sales $558,000
Maximian Appliances Ltd. manufactures and sells kitchen appliances. The most recent m shown bekow onthily contsibation margin statement for the enire company is Sales $558,000 Less. Variable Costs $232,080 Contribution Margin $325,920 Less: Fixed Costs $409,000 Operating Income (loss) $83,030 The CEO is starting to worry because the company has shown a loss for the past several monthis Io an attempt to identity the specific area of concem, the CEO has asked the accountant to prepare a contribution margin staterient segmented by is three difterent primary sales channels online, retaid, and catalog. The accountant has developed the tollowing data Sales Channel Online Retail Catalog $204,000 $158,000 $196,000 Sales variable costs as a % of Sales Traceable Fixed Costs 38% | 42% 45% $82,500 $86,300 $110,700
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