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Sales (81,500 units). - 2,852,500 Variable Expenses. 998 375 Contribution Margin. 1,854,125 Fixed Expenses. 960,000 Net Operating Income - 894,125 Prepare a contribution margin income
Sales (81,500 units). - 2,852,500
Variable Expenses. 998 375
Contribution Margin. 1,854,125
Fixed Expenses. 960,000
Net Operating Income - 894,125
Prepare a contribution margin income statement if the selling price decreases by 10%, the variable cost per unit decreases by 5%, and the total fixed expenses increase by $18,000. (Round to the nearest whole dollar)
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