Net income (profit and loss) is computed as: Expenses less sales Assets less liabilities Sales less expenses Assets less expenses Cost for customer service are $2,000 plus $10 per unit sold. This cost is considered Fixed Variable Mixed Product Variable revenue/costs are: Sales, $20; Cost of Goods Sold, $9, and Variable Expenses, $3. Fixed costs are $6300. What is the total contribution margin if they sell 1000 units? 4 UNANSWERED QUESTION 3/4 $20,000 $8,000 $12,000 $1,700 SKIP FOR NOW Variable revenue/costs are: Sales, $20; Cost of Goods Sold, $9, and Variable Expenses, $3. Fixed costs are $6300. What is net income (profit and loss) if they sell 1000 units? $1,700 $20,000 $6,000 $12,000