Ohio Flooring Product Line Contribution Margin Income Statement For the Year Product lines Wood flooring Laminate flooring Company Total 424,000 247,000 177,000 Sales revenue 302,000 $ 159,000 143,000 $ 122,000 $ 88,000 34,000 $ Less: Variable expenses Contribution margin Less fixed expenses 78,000 59,000 47,000 17,000 (30,000) $ 125,000 76,000 (24,000) Manufacturing Marketing and administrative 6,000 $ Operating income (loss)