Sales demand in the August is expected to be 6,300 units. Prepare a contribution margin income statement (in good form) for the month of August. (10 marks)

in the Penticton Region is presented below. Dynamadics - Penticton Region Comparative Monthly Income Statements March April Sales in units 5,900 5,400 Sales Revenue $755,200 $691,200 Less: Cost of Goods sold 386,400 359,400 Gross Margin 368,800 331,800 Less: Operating Expenses Shipping 68,800 64,300 Advertising 79,000 79,000 Salaries/Commissions 174,100 157,300 Insurance 9,900 9,900 Depreciation 48.000 48.000 Total operating expenses 379,800 358,500 Net Income $(11.000 $26.700 May 6,150 $787,200 394,900 392,300 June 6,800 $870,400 435,000 435,400 71,800 79,000 174,800 9,900 48,000 383.500 $8.800 75,500 79,000 189,500 9,900 48.000 401,900 $33,500