Restate the following income statement for a retailer in contribution format.

Sales revenue ($100per unit)$50,000Less cost of goods sold ($56per unit)28,000Gross margin22,000Less operating costs:Commissions expense ($5per unit)$2,500Salaries expense7,800Advertising expense5,800Shipping expense ($1per unit)50016,600Operating income$5,400

Per Unit

select an income statement item

Commissions Expenses

Cost of Goods Sold

Operating Income

Total Variable Expenses

Total Fixed Expenses

Fixed Expenses

Sales Revenue

Shipping Expenses

Salaries Expenses

Advertising Expenses

Contribution Margin

Variable Expenses

$

enter a dollar amount

$

enter a dollar amount

select an opening name for section one

Fixed Expenses

Shipping Expenses

Salaries Expenses

Sales Revenue

Cost of Goods Sold

Contribution Margin

Total Variable Expenses

Commissions Expenses

Total Fixed Expenses

Advertising Expenses

Operating Income

Variable Expenses

:select an income statement item

Operating Income

Commissions Expenses

Fixed Expenses

Contribution Margin

Salaries Expenses

Total Fixed Expenses

Variable Expenses

Advertising Expenses

Total Variable Expenses

Shipping Expenses

Sales Revenue

Cost of Goods Sold

$

enter a dollar amount

enter a dollar amount

select an income statement item

Sales Revenue

Total Variable Expenses

Shipping Expenses

Salaries Expenses

Total Fixed Expenses

Commissions Expenses

Contribution Margin

Operating Income

Variable Expenses

Advertising Expenses

Fixed Expenses

Cost of Goods Sold

enter a dollar amount

enter a dollar amount

select an income statement item

Fixed Expenses

Advertising Expenses

Total Variable Expenses

Cost of Goods Sold

Commissions Expenses

Total Fixed Expenses

Variable Expenses

Contribution Margin

Salaries Expenses

Sales Revenue

Shipping Expenses

Operating Income

enter a dollar amount

enter a dollar amount

select a closing name for section one

Operating Income

Sales Revenue

Salaries Expenses

Shipping Expenses

Commissions Expenses

Contribution Margin

Fixed Expenses

Total Variable Expenses

Cost of Goods Sold

Total Fixed Expenses

Variable Expenses

Advertising Expenses

enter a total amount for section one

enter a total amount for section one

select a summarizing line for the first part

Fixed Expenses

Operating Income

Total Variable Expenses

Commissions Expenses

Advertising Expenses

Total Fixed Expenses

Sales Revenue

Shipping Expenses

Variable Expenses

Contribution Margin

Salaries Expenses

Cost of Goods Sold

enter a total amount for the first part

$

enter a total amount for the first part

select an opening name for section two

Shipping Expenses

Contribution Margin

Total Fixed Expenses

Fixed Expenses

Cost of Goods Sold

Operating Income

Sales Revenue

Variable Expenses

Salaries Expenses

Total Variable Expenses

Advertising Expenses

Commissions Expenses

:

select an income statement item

Total Fixed Expenses

Operating Income

Advertising Expenses

Sales Revenue

Salaries Expenses

Total Variable Expenses

Contribution Margin

Variable Expenses

Cost of Goods Sold

Fixed Expenses

Shipping Expenses

Commissions Expenses

enter a dollar amount

select an income statement item

Variable Expenses

Cost of Goods Sold

Total Fixed Expenses

Advertising Expenses

Fixed Expenses

Total Variable Expenses

Contribution Margin

Operating Income

Shipping Expenses

Sales Revenue

Salaries Expenses

Commissions Expenses

enter a dollar amount

select a closing name for section two

Advertising Expenses

Salaries Expenses

Contribution Margin

Operating Income

Total Variable Expenses

Commissions Expenses

Variable Expenses

Cost of Goods Sold

Shipping Expenses

Sales Revenue

Fixed Expenses

Total Fixed Expenses

enter a total amount for section two

select a closing name for this statement

Sales Revenue

Operating Income

Total Variable Expenses

Advertising Expenses

Fixed Expenses

Contribution Margin

Shipping Expenses

Salaries Expenses

Variable Expenses

Cost of Goods Sold

Total Fixed Expenses

Commissions Expenses

$

enter a total amount for this statement