Part g?

Cost of goods sold 15000 5 Wages 4500 1.5 Shipping 1650 55 Advertising 1200 .40 Total variable expenses 22350 7.45 Contribution margin 15150 $ 5.05 Fixed expenses Rent V 1500 Wages 500 Utilities 750 Advertising 200 Insurance 585 Totalfixed expenses 3535 Operating income $ 11615 Your answer is correct. Using the following income statements, prepare a contribution margin income statement for March. (Round per unit answers to 2 decimal places, e.g. 52.75.) Sales revenue Cost of goods sold Gross profit Rent expense Wages expense Shipping expense Utilities expense Advertising expense Insurance expense Operating income February $25,000 10,000 15,000 1,500 3,500 1,100 750 1,000 585 March $37,500 15,000 22,500 1,500 5,000 1,650 750 1,400 585 $11,615 $6,565 Total Per unit Sales 37500 $ 12.5 Variable expenses Cost of goods sold 15000 5 Refer back to the original information. Blake has decided to add stadium blankets to his product line. He has found a supplier who will provide the blankets for $32, and he plans to sell them for $60. All other variable costs currently incurred for selling mascots will be incurred for selling blankets at the same rate. Additional fixed costs of $125 per month will be incurred. He believes he can sell one blanket for every four stuffed mascots. How many blankets and stuffed mascots will Blake need to sell each month in order to break even? (Round per unit to 2 decimal places and final answers to 0 decimal places, e.g. 5,275.) blankets mascots e Textbook and Media Save for Later Attempts: unlimited Submit