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Mini-Exercise 12-3 (Algo) Prepare a contribution margin format income statement LO 12-7 Eastern Imports incorporated sold 11,500 units in August. Per unit selling price and

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Mini-Exercise 12-3 (Algo) Prepare a contribution margin format income statement LO 12-7 Eastern Imports incorporated sold 11,500 units in August. Per unit selling price and variable expense were $26 and $18, respectively. Fixed expense incurred for August totaled $62.000. Required: Prepare the August income statement for Eastem imports in the contribution margin format

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