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Month Number of Scans Utilities Cost 40 85 100 150 January February March April May June July August $4,250 6,300 7,000 10,400 14,000 8,500 16,000
Month Number of Scans Utilities Cost 40 85 100 150 January February March April May June July August $4,250 6,300 7,000 10,400 14,000 8,500 16,000 11,700 200 110 260 160 September 210 15,100 October 180 13,500 1 Gallop Corporation 2 Contribution Margin Income Statement 3 For the Quarter Ended 4 Sales 5 Less COGS (variable) 6 Less: Selling Expenses (variable) 7 Less: Adminstrative Expenses (variable) 8 Contribution Margin 9 10 Less Operating Expense 11 Less COGS (fixed) 12 Selling Expenses (fixed) 13 Adminstrative Expenses (fixed) 14 Net Income Month Number of Scans Utilities Cost 40 85 100 150 January February March April May June July August $4,250 6,300 7,000 10,400 14,000 8,500 16,000 11,700 200 110 260 160 September 210 15,100 October 180 13,500 Variable Cost per Unit Total Fixed Cost Cost Equation 1 Gallop Corporation 2 Contribution Margin Income Statement 3 For the Quarter Ended 4 Sales 5 Less COGS (variable) 6 Less: Selling Expenses (variable) 7 Less: Adminstrative Expenses (variable) 8 Contribution Margin 9 10 Less Operating Expense 11 Less COGS (fixed) 12 Selling Expenses (fixed) 13 Adminstrative Expenses (fixed) 14 Net Income
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