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Marked out of $20\mathrm{.}00$

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Contribution Income Statement and Cost$-$Volume$-$Profit Graph

$\backslash$table$[[$Variable Costs per Unit,Fixed Costs per Month,$],[$Manufacturing:$,,,$Manufacturing overhead,$$40,000],[$Direct materials,$$10,,$Selling and administrative,$20,000],[$Direct labor,$2,,$Total,$$60,000],[$Manufacturing overhead,$5,$$$17,,],[$Selling and administrative,,$5,,],[$Total$,,$$$22,,]]$

Required

Prepare a contribution income statement for July.

Do not use any negative signs with your answers.