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SECTION TWO: SHORT ANSWERS (15 marks) Required: Prepare Contribution format income statement for the mon December 31, 2018 mat income statement for the month ended

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SECTION TWO: SHORT ANSWERS (15 marks) Required: Prepare Contribution format income statement for the mon December 31, 2018 mat income statement for the month ended Alpha Fashions manufactures and sells de accountant gathered the following for prepar s manufactures and sells designer suits from a boutique in a mail. The Bathered the following for preparing income statement for December 2016 Number of units sold 4,000 units Selling Price AED 480 per unit Cost of good sold AED 250 per unit Variable Administrative Expense AED 75 per unit Variable Selling Expense AED 25 per unit Fixed Selling Expense AED 86,000 per month Fixed Administrative Expense AED 57,000 per month Alpha Fashions Contribution Income Statement For the month ended December 31, 2018

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