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QS 18-12 Contribution margin income statement LO P2 Zhao Co. has fixed costs of $483,000. Its single product sells for $195 per unit, and variable

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QS 18-12 Contribution margin income statement LO P2 Zhao Co. has fixed costs of $483,000. Its single product sells for $195 per unit, and variable costs are $126 per unit. The company expects sales of 10,000 units. Prepare a contribution margin income statement for the year ended December 31, 2017 ZHAO CO Contribution Margin Income Statement

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