NONOO A B D E 1 Tab 9 Traditional & CM Income Statements Given: : 4 Total Sales revenue 150,000 Selling price per ski 750 How many skis did we sell? 6 Variable selling expense per ski 50 Variable admin expense per ski 10 Total fixed selling expense 20,000 Total fixed admin expense 20,000 10 Merchandise inventory, beg bal 30,000 11 Merchandise inventory, end bal 40,000 12 Merchandise purchases 100,000 13 14 Prepare a traditional income statement and a contribution margin income statement, 15 16 17 78 19 20 21 22 23 24 25 26 27 Tabs Tab 6 -- Tab 7 Tab 8 Tab 9 Tab 10 Tab 11