Net Sales Revenue	$730,000
Variable Cost of Goods Sold	220,000
Fixed Cost of Goods Sold	192,000
Variable Selling and Administrative Costs	172,000
Fixed Selling and Administrative Costs	77,000

Dracut Company reports the following information for June: (Click the icon to view the amounts.) Calculate the contribution margin and operating income for June using variable costing. Begin by selecting the labels and entering the amounts to compute the contribution margin. Then, select the labels and enter the amounts to compute the operating income. Variable Costing