QUESTION JON 11-CONTRIBUTION FORMAT INCOME STATEMENT 15 MARS) Below is the income statement for The Surf Shop for the month of June 10, 2015." surf boards. 30, 2018, in which they sold 2.000 The Surf Shop Income Samen For the month endingane 10, 2018 Units = 2000 Sales Total Cost Cost/Unit 850,000 $ S Variable Costs: Cost of Goods Sold Selling Administrative Total Variable Costs Contribution Margin Fixed Costs: Selling 350 000 160.000 50,000 560,000 290,000 $ $ $ $ $ s 145 80,000 Administrative 120.000 Total Fixed Costs 200,000 Operating Income $ 90,000 Required: complete the income statement for the month of uly 31. 2018. In this month they sold 2,300 sur boards (i.e. complete all the blanks with the dollar ($) sign). (15 marks) The Surf Shop Income Statement For the month ending July 31, 2018 Units = 2300 Total Cost Cost/Unit Sales Variable Costs: Cost of Goods Sold Selling Administrative Total Variable Costs Contribution Margin Fixed Costs: Selling Administrative Total Fixed Costs Operating Income ACCT1117 Winter 2020 Assignment #2