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Requirement 2. Prepare contribution margin income statements to show Safe Zone's total operating income under the two alternatives: (a) with the industrial systems line and

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Requirement 2. Prepare contribution margin income statements to show Safe Zone's total operating income under the two alternatives: (a) with the industrial systems line and (b) without the line. Compare the difference between the two alternatives' income numbers to your answer to Requirement 1. (Use parentheses or a minus sign for an operating loss.) Safe Zone Contribution Margin Income Statement For the Year Ended May 31, 2018 Totals With Totals Without Industrial Systems Industrial Systems Totals With Change if Industrial Systems Is Dropped Net Sales Revenue Variable Costs: Contribution Margin Income Statement For the Year Ended May 31, 2018 Totals With Industrial Systems Industrial Systems Change if Industrial Systems Is Dropped Net Sales Revenue Variable Costs: Manufacturing Selling and Administrative Total Variable Costs Contribution Margin Fixed Costs: Manufacturing Selling and Administrative Total Fixed Costs Operating Income (Loss) Enter a number in the edit fields and then click Check Answer i Data Table Safe Zone Income Statement For the Year Ended May 31, 2018 Product Line Industrial Household Systems Systems Total $ 310,000 $ 360,000 $ 670,000 Net Sales Revenue Cost of Goods Sold: Variable 36,000 250,000 49,000 69,000 85,000 319,000 Fixed 286,000 118,000 404,000 24,000 242,000 266,000 Total Cost of Goods Sold Gross Profit Selling and Administrative Expenses: Variable 68,000 45,000 74,000 29,000 142,000 74,000 Fixed Total Selling and Administrative Expenses 113,000 103,000 216,000 $ (89,000) $ 139,000 $ 50,000 Operating Income (Loss) Print Done

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